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Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
The Peloton layoffs are a part of its cost-cutting strategy to bring down operating costs and pursue a new business model.
Discover how Peloton plans more layoffs following a decline in membership and revenue, while seeking new growth strategies.
Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its ...
Shares of Peloton Interactive (PTON) reversed course and turned lower Thursday after the connected fitness company swung to a ...
For the fourth time this year, Peloton has announced a round of layoffs. The struggling fitness company is cutting another 500 jobs, CEO Barry McCarthy told CNBC. In a memo to employees, McCarthy ...
Peloton recently laid out some plans for the future. They include a few pricing changes that could mean now is the time for ...
Peloton is undergoing another round of layoffs — its fourth this year — with about 500 jobs being eliminated, as the troubled exercise company looks to cut costs to improve its bottom line.
I found out through reading articles about the layoffs,” the ex-employee said. Peloton cut roughly 20% of its corporate workforce in a restructuring bid. Getty Images ...