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Peloton to cut 15% of workforce as CEO steps down
MSN News· 4 days agoPeloton announces CEO departure and plans to cut 15% of its workforce, marking its fifth round of layoffs since 2021.
Peloton Cycles Through Another Turnaround Strategy. Is It Running Out of Time?
Barrons.com· 4 days agoAs the repayment date for Peloton Interactive’s roughly $1.7 billion in debt comes closer, the...
Peloton laying off around 15% of workforce; CEO Barry McCarthy stepping down
USA Today· 4 days agoPeloton is laying off around 15% of workers, the company announced Thursday, in addition to CEO...
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace
PYMNTS.com· 4 days agoPeloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts,...
Peloton is laying off workers and replacing the CEO — again
NPR· 4 days agoJust two years ago, Peloton replaced its co-founder John Foley in the CEO seat with Barry McCarthy,...
Peloton (PTON) to lay off 15% of global workforce, CEO to step down
StreetInsider· 4 days agoPeloton (NASDAQ: PTON) shares opened higher Thursday before giving up those gains and more after the company announced cost-cutting measures and a change in its top leadership ...
Peloton, once hailed as the future of fitness, is now sucking wind
CBS News· 4 days agoConnected fitness company Peloton, known for its tech-enabled stationary bikes and treadmills, has...
Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
WENY-TV· 4 days agoPeloton reported Thursday that for the third quarter it lost $167.3 million, or 45 cents per share,...
Peloton CEO McCarthy steps down, fitness equipment maker to cut 15% jobs
Reuters via Yahoo Finance· 4 days ago(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment...
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff
CNBC· 4 days agoPeloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay...