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 ...
New York (CNN) — 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.
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 ...
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
NEW YORK — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, ...
Tokyo: Troubled Japanese industrial giant Toshiba said Thursday that it plans to cut up to 4,000 jobs domestically as part of a restructuring programme. The announcement follows the delisting of ...
The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering ...
In the 2023 BDI ranking for the 100 Best Companies to Work for in Israel, ICL Group was ranked 14th among hundreds of ...
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels ...