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 ...
Peloton known for its luxury bicycles and exercise equipment announced Thursday that around 15% of its staff will be getting laid off. >> Read more trending news The company is planning to ...
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 ...
Detailed price information for Peloton Interactive Inc (PTON-Q) from The Globe and Mail including charting and trades.
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
Peloton has secured a critical US$1bn five-year loan to shore up its finances.
Some people say, “If you do what you love, you’ll never work a day in your life.” Those people have never met Jerry Habibi.
Many of these mostly small and mid-sized companies could soon be facing their day of reckoning, with due dates looming on ...
New York (AP): They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival ...
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 ...
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels ...