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Peloton to cut 15% of workforce, replace CEO in attempt to right itself post-pandemic
New York Daily News· 26 minutes 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· 3 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
WDTV· 2 hours agoPeloton has been working on a significant rebranding since last year, shifting its identity as a...
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 staff and CEO quits as smart bike company continues to try and turn around
The Independent via Yahoo News· 5 hours agoPeloton’s chief executive will stand down, and the company will cut 15 per cent of its workforce, as...
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· 13 hours ago(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment...
Peloton stock drops 10% as the CEO leaves and layoffs start
Quartz· 4 hours agoOn Thursday, Peloton stock dropped almost 10% following the announcement of 400 job cuts and the...
Peloton cuts jobs and is looking for a new CEO after its turnaround plan spins out
CNN Business via Yahoo Finance· 12 hours agoPeloton CEO Barry McCarthy is leaving his role and announced that it’s cutting about 15% of its...