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Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
ABC 7 Chicago· 1 hour agoPeloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry...
Peloton CEO to step down, company will cut 15% of global workforce
FOX Business· 17 hours agoPeloton CEO Barry McCarthy is stepping down from the beleaguered high-end fitness company after just...
Peloton Cycles Through Another Turnaround Strategy. Is It Running Out of Time?
Barrons.com· 6 hours agoAs the repayment date for Peloton Interactive’s roughly $1.7 billion in debt comes closer, the...
Peloton is laying off workers and replacing the CEO — again
NPR· 12 hours agoThe cost-cutting comes as Peloton tries to stop losing money and grow past its identity as a seller...
Why Peloton Stock Plummeted 27% in April
Motley Fool via Yahoo Finance· 15 hours agoThe results continue to disappoint Peloton announced fiscal third-quarter (ended March 31) results at the same time. Total revenue declined 3% year over...
Peloton stock drops 10% as the CEO leaves and layoffs start
Quartz· 8 hours agoOn Thursday, Peloton stock dropped almost 10% following the announcement of 400 job cuts and the...
Peloton Tumbles to Record Low After Announcing CEO Exit, Layoffs
Bloomberg via Yahoo Finance· 13 hours ago(Bloomberg) -- Peloton Interactive Inc. shares fell to a record low after Chief Executive Officer...
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace
PYMNTS.com· 10 hours agoPeloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts,...
Peloton lays off 15% of global workforce as CEO Barry McCarthy exits
Retail Dive via Yahoo Finance· 15 hours agoIn the years since his appointment, McCarthy oversaw much change and restructuring that, in addition...
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance...
NBC Universal via AOL· 16 hours agoPeloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay...