This was what was described in the grandparent comment.
In the case of Sonos the only thing the recycling center receives are bricks.
What you and a few others are saying is that a recycling center shouldn't be able to resell parts wholesale if they find a buyer or a good use that the original owner did not. Seems legit to me and perfectly within their rights and my expectations of what they do. I think there is an argument here about the definition of a recycling center.
Sonos uses the word "recycling" as a marketing tool to increase their sales by giving naive customers discounts, who fall for this marketing stunt or don't care at all but like being associated with a (false) "environment-friendly" company. Yet another case of greenwashing: https://en.wikipedia.org/wiki/Greenwashing