Earlier this month, Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the slide in sales from the pandemic highs, quit as the company announced job cuts to reduce costs after ...
Peloton Interactive said on Monday it will sell $275 million of convertible notes due 2029 as the fitness equipment maker ...
The company said a significant portion of the cuts are to take effect ... impacting some 2,800 jobs globally. Eight months later, Peloton announced it would reduce its workforce by about 12% ...
Exercise equipment maker Peloton (NASDAQ:PTON) is refinancing its debt as softness in demand and margin headwinds have ...
Earlier this month, Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the slide in sales from the pandemic highs, quit as the company announced job cuts to reduce costs after posting ...
Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like ...
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the ...
Companies that face crushing debt loads include the owners of Carnival Cruise Line, JetBlue Airways, Wayfair, Peloton and ...
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, struggling to ...
On May 13, Indeed, a job search website based in Austin, Texas, cut 1,000 workers ... On May 2, fitness brand Peloton announced it is laying off 400 workers, or about 15% of its global staff.
Peloton CEO Barry McCarthy is stepping down ... more content for the company's streaming service, Disney+. Pixar cut 75 jobs last year, Reuters previously reported, part of a larger restructuring ...