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Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
ABC 7 Chicago· 2 hours agoPeloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry...
Peloton Cycles Through Another Turnaround Strategy. Is It Running Out of Time?
Barrons.com· 7 hours agoAs the repayment date for Peloton Interactive’s roughly $1.7 billion in debt comes closer, the...
Peloton CEO McCarthy steps down, fitness equipment maker to cut 15% jobs
Reuters via Yahoo Finance· 18 hours ago(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment...
Peloton to cut 15% of workforce, replace CEO in attempt to right itself post-pandemic
New York Daily News· 6 hours agoNew York-based Peloton Interactive, Inc., whose luxury fitness equipment lent cache to at-home...
Peloton, once hailed as the future of fitness, is now sucking wind
CBS News via Yahoo Finance· 8 hours agoConnected fitness company Peloton, known for its tech-enabled stationary bikes and treadmills, has...
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 Meltdown Continues: CEO Out, Another 15% Jobs Cut
MediaPost· 5 hours agoAfter two tumultuous years leading Peloton, chief executive officer Barry McCarthy is stepping down. The shift in leadership comes as the connected fitness company’s losses ...
Peloton is laying off workers and replacing the CEO — again
NPR· 13 hours agoJust two years ago, Peloton replaced its co-founder John Foley in the CEO seat with Barry McCarthy,...
Peloton CEO to Step Down as Company Cuts 15% of Jobs
The Business of Fashion· 14 hours agoPeloton Interactive Inc. shares fell to a record low after chief executive officer Barry McCarthy announced plans to step down and the struggling fitness...
Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship
Fast Company Magazine· 13 hours agoAfter surging in popularity during the early days of the pandemic, Peloton Interactive continues to struggle in a non-quarantined world. The company announced that it will ...