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 ...
(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the pandemic highs, has quit as the company announced job cuts 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 ...
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 ...
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 basis points over the Secured Overnight Financing Rate, resulting in an ...
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
Benjamin Thomas (Cofidis) heeft de vijfde rit van de Giro d'Italia naar zijn hand weten te zetten. In Lucca bleek hij na een razendspannende finale de beste van een late vlucht van vier, waar het ...
Ook Rudy De Bie is dit jaar opnieuw van de partij. Voor de voormalige winnaar van de Gazet van Antwerpen Trofee in het veldrijden is het al de elfde editie. “Ik doe altijd weer met heel veel ...
NEW YORK — An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt ...
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 ...
Britain is the style capital of the world, no doubt about that. So why do our leaders look like a couple of middle management ...