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 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 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 ...
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 ...
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering ...
Tens of thousands of workers in all 50 states lost their jobs as the chain spiraled to its bankruptcy filing last year.
"This is a necessary thing to do to ensure the company survives for the next 100 years," President Taro Shimada told a press conference in Tokyo as the industrial conglomerate announced its ...
In the 2023 BDI ranking for the 100 Best Companies to Work for in Israel, ICL Group was ranked 14th among hundreds of ...
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
AP’s analysis found their ranks in raw numbers have jumped over the past decade by a third or more in Australia, Canada, Japan, South Korea, the United Kingdom and the U.S., including companies that ...
"Women spend more years of their lives in “poor health” than men," she said at the inaugural 'Women's Health' Health Lab. "We ...