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Peloton CEO to step down, company will cut 15% of global workforce
FOX Business· 1 day agoPeloton CEO Barry McCarthy is stepping down from the beleaguered high-end fitness company after just...
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance...
NBC Universal via AOL· 1 day agoPeloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay...
Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs
The Wall Street Journal· 1 day agoIn its latest completed quarter, Peloton’s revenue slid 4% to $717.7 million. Membership declined by...
Peloton lays off 15% of global workforce as CEO Barry McCarthy exits
Retail Dive via Yahoo Finance· 1 day agoPeloton recently removed the free tier of its app membership, which included access to more than 50...
Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt...
Fortune via Yahoo Finance· 2 days agoLast month, it quietly dissolved free membership on its app less than a year after its introduction...
Peloton is laying off workers and replacing the CEO — again
NPR· 1 day agoThe cost-cutting comes as Peloton tries to stop losing money and grow past its identity as a seller...
Why Peloton (PTON) Stock Is Trading Lower Today
StockStory via Yahoo Finance· 1 day agoShares of exercise equipment company Peloton (NASDAQ:PTON) fell 14.5% in the morning session after the company reported first-quarter results. The big...
Peloton Sweats Out Another Restructuring; CEO Heads Out the Door
Investopedia· 2 days agoShares of Peloton Interactive (PTON) sank to an all-time low Thursday after the provider of exercise...
The Drum's Daily Briefing: Peloton's uphill struggle, Guardian job cuts & Nokia revamp
The Drum· 16 hours agoSales at Peloton had boomed during the pandemic as gyms closed and people tried to stay fit from home. Peloton has not made a net profit since December ...
Peloton wants to turn things around by putting bikes at 800 Hyatt hotels
Quartz· 2 days agoThe fitness and exercise company has agreed to “outfit” more than 800 Hyatt hotels with its bikes...