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Peloton cutting about 400 jobs worldwide; CEO Barry McCarthy stepping down
Eyewitness News 3 Hartford· 6 days agoPeloton has been working on a significant rebranding since last year, shifting its identity as a...
Private equity firms circle Peloton for potential buyout
CNBC· 2 days agoA number of private equity firms have been considering a buyout of Peloton as the connected fitness...
Peloton is laying off workers and replacing the CEO — again
NPR· 7 days agoPeloton's $2,000 stationary bikes plus a monthly fee for video-streamed classes. As people returned...
Peloton Sees Interest For Potential Buyout From Private Equity, Stock Soars
Benzinga via Yahoo Finance· 2 days agoPeloton Interactive Inc. (NASDAQ:PTON) shares are trading higher following a report suggesting that...
Peloton cuts jobs and is looking for a new CEO after its turnaround plan spins out
CNN Business via Yahoo Finance· 7 days agoPeloton CEO Barry McCarthy is leaving his role and announced that it’s cutting about 15% of its...
Peloton, once hailed as the future of fitness, is now sucking wind
CBS News via Yahoo Finance· 7 days agoFaced with cash-flow issues, numerous defective product recalls, and a dwindling subscriber base, it...
Private Equity Firms Considering Buyout of Peloton
PYMNTS.com· 2 days agoPrivate equity firms have reportedly been considering a buyout of Peloton. At least one firm has talked with Peloton about going private, and a number of...
Peloton’s pandemic-era fairy tale is officially over
Engadget· 7 days agoThese aren’t just “people going outside again” numbers, as the company has experienced its share of controversies that have nothing to do with the...
Peloton Tumbles to Record Low After Announcing CEO Exit, Layoffs
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Peloton Interactive Inc. shares fell to a record low after Chief Executive Officer...