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Peloton to cut 15% of workforce, replace CEO in attempt to right itself post-pandemic
New York Daily News· 1 hour agoNew York-based Peloton Interactive, Inc., whose luxury fitness equipment lent cache to at-home...
Boss of Peloton rival taunts bike maker, says he could do better job than outgoing CEO Barry...
New York Post· 4 hours agoThe boss of a Peloton rival threw his hat in the ring to lead the struggling exercise bike maker...
Peloton Cycles Through Another Turnaround Strategy. Is It Running Out of Time?
Barrons.com· 2 hours agoAs the repayment date for Peloton Interactive’s roughly $1.7 billion in debt comes closer, the...
Peloton cutting about 400 jobs worldwide; CEO Barry McCarthy stepping down
KSLA-TV Shreveport· 3 hours agoPeloton has been working on a significant rebranding since last year, shifting its identity as a...
Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt...
Fortune via Yahoo Finance· 1 day ago“The products are very expensive,” Saunders said. “A lot of consumers that want them have already...
Peloton CEO McCarthy steps down, fitness equipment maker to cut 15% jobs
Reuters via Yahoo Finance· 14 hours ago(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment...
Peloton cuts staff and CEO quits as smart bike company continues to try and turn around
The Independent via Yahoo News· 6 hours agoPeloton’s chief executive will stand down, and the company will cut 15 per cent of its workforce, as...
Peloton, once hailed as the future of fitness, is now sucking wind
CBS News· 3 hours agoConnected fitness company Peloton, known for its tech-enabled stationary bikes and treadmills, has...
Peloton cuts jobs and is looking for a new CEO after its turnaround plan spins out
CNN Business via Yahoo Finance· 13 hours agoPeloton CEO Barry McCarthy is leaving his role and announced that it’s cutting about 15% of its...
Peloton stock drops 10% as the CEO leaves and layoffs start
Quartz· 5 hours agoOn Thursday, Peloton stock dropped almost 10% following the announcement of 400 job cuts and the...