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 ...
(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the pandemic highs, has quit as the company announced job cuts to ...
Peloton CEO Barry McCarthy is stepping down, the company said on Thursday as it announced a 15% cut to its global workforce due to a post-pandemic slump in demand for its connected fitness equipment.
Barry McCarthy resigns as Peloton CEO, leading to 15% job cuts. Karen Boone and Chris Bruzzo step in as interim co-CEOs. Jay Hoag appointed board chair amid CEO search process. Peloton CEO Barry ...
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 ...
(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the pandemic highs, has quit as the company announced job cuts to reduce ...
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 ...
NEW YORK (AP) — 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 ...
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 ...