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Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
ABC13 Houston· 6 days agoPeloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry...
Boss of Peloton rival taunts bike maker, says he could do better job than outgoing CEO Barry...
New York Post· 6 days agoMcCarthy’s departure was announced along with the company saying it will slash 400 jobs as its...
Peloton Sees Interest For Potential Buyout From Private Equity, Stock Soars
Benzinga via Yahoo Finance· 1 day agoPeloton Interactive Inc. (NASDAQ:PTON) shares are trading higher following a report suggesting that...
How to Choose Between the Peloton Bike and the Bike+
Lifehacker· 5 days agoThe Bike+ costs significantly more, so what are you paying for? Other than that, the big features are auto-resistance (the bike will follow along with...
Peloton Stock Is Down 98%, and It Just Lost a Huge Asset. Is a Recovery Still Possible?
Motley Fool via Yahoo Finance· 2 days agoPeloton doesn't have enough financial resources on its balance sheet to take risks or experiment...
Peloton to cut 15% of workforce, replace CEO in attempt to right itself post-pandemic
New York Daily News· 6 days agoNew York-based Peloton Interactive, Inc., whose luxury fitness equipment lent cache to at-home ...
Peloton shows everything doesn't need to be a subscription: Morning Brief
Yahoo Finance via AOL· 6 days agoIn a fit of sweaty déjà vu, the maker of connected exercise equipment is slashing headcount and...
Peloton Cycles Through Another Turnaround Strategy. Is It Running Out of Time?
Barrons.com· 6 days agoThe move is Peloton’s latest attempt to strike the right balance for its business, which has...
Peloton CEO steps down, fitness unicorn to slash headcount by 15%
New York Post· 7 days ago“Hard as the decision has been to make additional headcount...to $744 million — a whopping 6%...
Peloton Slashes 15% Of Its Staff As CEO Barry McCarthy Steps Down
Forbes· 7 days agoPeloton CEO Barry McCarthy is stepping down as the company lays off about 15% of its staff, the...