Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley. Along with the CEO change, the company is laying off 15% of ...
Peloton saw a surge in sales early in the pandemic. Here’s why Peloton became a viral success, and why it’s spinning out now. Photo illustration: Jacob Reynolds ...
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 ...
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.
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some ...
With the S&P 500 index at an all-time high, it's a great time to own stocks -- but they are not all created equal.
Peloton Interactive shares plunged Tuesday after the struggling fitness equipment maker and exercise program provider ...
Peloton has no viable turnaround strategy, and a buyout looks unlikely to happen at a meaningful premium to the current stock ...
Peloton produced positive free cash flow in its latest quarter, but it's likely not sustainable. The company has been ...
Peloton has restructured its borrowings in partnership with a group of banks, including JP Morgan Chase and Goldman Sachs.