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 ...
He also cut jobs, adjusted bike prices ... Peloton also announced a 15% cut to its global workforce on Thursday and said two board members will serve as co-CEOs until a new one is hired.
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 ...
Peloton Interactive, the once high-flying online fitness company, has been forced into the humbling position of refinancing its ...
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re ...
Stars wie Zoe Kravitz, Michelle Williams und Jourdan Dunn haben zwei Dinge gemeinsam: Erstens, sie sind echte Powerladys.
Britain is the style capital of the world, no doubt about that. So why do our leaders look like a couple of middle management ...