Peloton has been working on a significant rebranding since last year, shifting its identity as a seller of luxury exercise bikes and equipment to health technology for all Peloton is set to cut ...
Peloton announced on Thursday that CEO Barry McCarthy will be stepping down as the company, and that it is also cutting 15% of its staff worldwide (or about 400 employees). Karen Boone and Chis ...
Outgoing CEO Jochen Eickholt in internal letter announces layoffs of some 15% of global workforce while sales stop of 4.X and ...
The company made the decision to take Diddy's material out of their playlists after a 2016 clip of the rapper beating his ex-girlfriend Cassie was released by CNN.
The struggling fitness brand is issuing new notes to pay off debt with a closer maturity date, just weeks after losing its CEO and laying off employees.
Peloton Interactive said on Monday it will sell $275 million of convertible notes due 2029 as the fitness equipment maker ...
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 ...
Peloton(NASDAQ: PTON) continues to be a major source of pain for investors. The once flourishing company is having trouble boosting demand for its expensive products, while at the same time it sits in ...
Weekly unemployment claims are broadly interpreted as a proxy for the number of U.S. job cuts in a given week and a sign of ...
The international clothing retailer would open in the space where the fitness equipment company is still open.
Britain's rental market is booming, as experts say rented and second-hand items are now seen as a 'badge of honour'. The ...
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels.