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.
Peloton has secured a critical US$1bn five-year loan to shore up its finances.
NEW YORK — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, ...
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
NEW YORK — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, ...
Companies that face crushing debt loads include the owners of Carnival Cruise Line, JetBlue Airways, Wayfair, Peloton and ...
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 ...