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Sonos is laying off about 200 employees, or 12% of its staff, as it reorganizes to make its product teams "flatter, smaller, and more focused" (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg : Sonos is laying off about 200 employees, or 12% of its staff, as it reorganizes to make its product teams “flat...

5 February 2025

Sources: banks sold $5.5B in debt borrowed by X at $0.97 on the dollar, following strong investor demand; they had planned to sell ~$3B at ~$0.95 on the dollar (Wall Street Journal)

Wall Street Journal:
Sources: banks sold $5.5B in debt borrowed by X at $0.97 on the dollar, following strong investor demand; they had planned to sell ~$3B at ~$0.95 on the dollar  —  X CEO tells investors that the financial health of social-media company is improving  —  Elon Musk's power in Washington …

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