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 ...
shifting its identity as a seller of luxury exercise bikes and equipment to health technology for all Peloton is set to cut around 400 jobs globally as part of a restructuring plan, with chief ...
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 ...
The struggling workout company also said that it is laying off 15% of its workforce, or about 400 employees, as part of a significant cost-cutting push. Peloton plans to continue closing retail ...
which announced in October 2022 that it was cutting about 500 jobs on top of the nearly 800 layoffs it made in August of that year. Peloton also said it will also close some retail showrooms while ...
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 innovation, ...
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 CEO Barry McCarthy is stepping down, the company said on Thursday as it announced a 15% cut to its global workforce due to a post-pandemic slump in demand for its connected fitness equipment.
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 ...
Peloton's (NASDAQ: PTON) CEO was pushed out recently, and the company has gone through cost cuts and a major refinancing. The ...