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 known for its luxury bicycles and exercise equipment announced Thursday that around 15% of its staff will be getting laid off. >> Read more trending news The company is planning 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 ...
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
Many of these mostly small and mid-sized companies could soon be facing their day of reckoning, with due dates looming on ...
Detailed price information for Peloton Interactive Inc (PTON-Q) from The Globe and Mail including charting and trades.
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 ...
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels ...
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to ...