Peloton also announced that it’s eliminating 400 jobs, which will help the company cut $200 million in costs. The company said that will help it invest in “software, hardware and content ...
The layoffs are part of the latest round for Peloton. According to the AP, 800 jobs were cut in Aug. 2022 and another 500 jobs in Oct. 2022.
Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its ...
Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its ...
rebranded Peloton into a software-focused company, leaning on its exclusive content to drive subscriber growth. He also cut jobs, adjusted bike prices and focused on digital subscription plans in ...
(AP) -- Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around ...