(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the pandemic highs, has quit as the company announced job cuts to ...
Peloton CEO Barry McCarthy is leaving his role, and the company is cutting about 15% of its workforce as numerous attempts to regain its pandemic-era glory have failed. McCarthy, who was named CEO ...
But subscriber numbers are losing muscle, leading the company on Thursday to lower its full-year forecast for members by 30,000.Peloton also announced a 15% cut to its global workforce on Thursday ...
Peloton announced Thursday that its CEO, Barry McCarthy, is stepping down. The struggling workout company also said that it is laying off 15% of its workforce, or about 400 employees, as part of a ...
Indoor fitness company Peloton announced its latest and disconcerting financial results on Thursday, along with the news that CEO Barry McCarthy is stepping down and the brand's intent to lay off ...
Børsen kan vise sig at være den perfekte genvej til én af de mest attraktive og veluddannede målgrupper i landet – og dermed et effektivt værktøj i rekrutteringen for din virksomhed. Nå de mest ...
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 basis points over the Secured Overnight Financing Rate, resulting in an ...
NEW YORK — An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt ...
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on their loans — has soared to nearly 7,000 ...
Britain is the style capital of the world, no doubt about that. So why do our leaders look like a couple of middle management ...