Bose has stopped developing wifi speakers (Soundtouch and smart Home speaker).
Its market share of wifi speaker is very small because it is too expensive. It cannot compete with Google or Amazon or Sonos.
Lots of engineers will either switch to headphone development or find jobs somewhere else. The sleepbud was a failure and the recall cost almost 100M. The so-call health products are big drain of resources and nobody knows when it will be profitable, if ever, at all. There are too many politics within Bose. Too many managers, some only manage one or two people. Not a healthy work environment. Bose still has auto and Pro divisions, but they are much smaller. All manufacturing and more and more development work is outsourced to other countries.
The CEO Phil should have been fired long time ago. He is a problem. He got the job only because he had worked there long time, not for his capability.
An on-point post from @5ouf+13zkyuqQ.