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Peloton stock drops 10% as the CEO leaves and layoffs start
Quartz· 1 day agoOn Thursday, Peloton stock dropped almost 10% following the announcement of 400 job cuts and the...
Peloton lays off 15% of global workforce as CEO Barry McCarthy exits
Retail Dive via Yahoo Finance· 2 days agoIn the years since his appointment, McCarthy oversaw much change and restructuring that, in addition...
Peloton stock sinks to record low as CEO steps down
TheStreet via Yahoo Finance· 1 day agoPeloton has suffered a dramatic fall from pandemic darling. Revenues have declined for nine straight quarters, and it hasn’t turned a net profit since...
Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
WLNS Lansing· 2 days agoPeloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry...
Peloton laying off around 15% of workforce; CEO Barry McCarthy stepping down
USA TODAY via Yahoo Finance· 2 days agoThe company offers stationary bicycles, treadmills, weights, rowing machines and other equipment as well as an app that users pay a monthly subscription fee to access. Through ...
Peloton CEO steps down, fitness unicorn to slash headcount by 15%
New York Post· 2 days agoTo get access to those classes at home while using Peloton’s exercise bike or treadmills, customers...
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance...
NBC Universal via AOL· 2 days agoPeloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay...
Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt...
Fortune via Yahoo Finance· 2 days agoLast month, it quietly dissolved free membership on its app less than a year after its introduction...
Peloton's CEO steps down as the company cuts 15% of staff
Business Insider· 2 days agoPeloton CEO Barry McCarthy is stepping down, the fitness company announced on Thursday.
Here's how much money you'd have lost if you invested $1,000 in Peloton when it went public
CNBC· 11 hours agoFrom a CEO change to announcing staff layoffs, it's been a bumpy couple of days for Peloton. On...