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Peloton cutting about 400 jobs worldwide; CEO Barry McCarthy stepping down
WBRC Fox 6 Birmingham· 14 minutes agoPeloton has been working on a significant rebranding since last year, shifting its identity as a seller of luxury exercise bikes and equipment to health technology for all ...
Peloton, once hailed as the future of fitness, is now sucking wind
CBS News via Yahoo Finance· 58 minutes 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· 24 hours ago“The products are very expensive,” Saunders said. “A lot of consumers that want them have already...
Peloton Cycles Through Another Turnaround Strategy. What’s Next for the Company?
Barrons.com· 2 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· 11 hours ago(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment...
Peloton is laying off workers and replacing the CEO — again
NPR· 6 hours agoJust two years ago, Peloton replaced its co-founder John Foley in the CEO seat with Barry McCarthy,...
Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs
The Wall Street Journal· 8 hours agoSuitors including Amazon circled the company around the time, but the talks never resulted in a...
Peloton stock drops 10% as the CEO leaves and layoffs start
Quartz· 2 hours agoOn Thursday, Peloton stock dropped almost 10% following the announcement of 400 job cuts and the...
Peloton CEO steps down as company slashes 15% of global workforce
Scripps News via AOL· 6 hours agoPeloton has announced a major shakeup in its leadership and operations as it looks to cut costs and...
Peloton Tumbles to Record Low After Announcing CEO Exit, Layoffs
Bloomberg via Yahoo Finance· 7 hours ago(Bloomberg) -- Peloton Interactive Inc. shares fell to a record low after Chief Executive Officer...