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Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
ABC 7 Chicago· 7 hours agoPeloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry...
Peloton CEO McCarthy steps down, fitness equipment maker to cut 15% jobs
Reuters via Yahoo Finance· 23 hours agoOn Thursday, Peloton reported smaller-than-expected quarterly revenue and cut its full-year forecast...
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 to cut 15% of workforce, replace CEO in attempt to right itself post-pandemic
New York Daily News· 10 hours agoNew York-based Peloton Interactive, Inc., whose luxury fitness equipment lent cache to at-home...
Peloton Cycles Through Another Turnaround Strategy. Is It Running Out of Time?
Barrons.com· 12 hours agoAs the repayment date for Peloton Interactive’s roughly $1.7 billion in debt comes closer, the...
Peloton Interactive (NASDAQ:PTON) Price Target Cut to $3.25
ETF DAILY NEWS· 2 days agoBank of America‘s target price suggests a potential upside of 4.50% from the stock’s previous close. The Goldman Sachs Group dropped their price objective ...
Peloton CEO steps down, fitness unicorn to slash headcount by 15%
New York Post· 22 hours agoIt’s simply a matter of time,” McCarthy added in reference to the nearly 45% drop in share price ...
Peloton cuts jobs and is looking for a new CEO after its turnaround plan spins out
CNN Business via Yahoo Finance· 22 hours agoPeloton CEO Barry McCarthy is leaving his role and announced that it’s cutting about 15% of its...
PELOTON ANNOUNCES COST REDUCTION EFFORTS TO POSITION COMPANY TO SUSTAIN MEANINGFUL, POSITIVE FREE...
WKBN 27 Youngstown· 23 hours agoPeloton Interactive, Inc. (NASDAQ: PTON) today announced comprehensive restructuring efforts to align the company's cost structure with the current size of its business. This ...