CNN The Lead With Jake Tapper February 8, 2022 22:59:00
Announcing today its trimming about 20% of its workforce. thats 2800 workers. including its ceo. this comes as peloton tries to fend off potential acquisition bids from amazon, nike, and apple. its been hard times for peloton. at the beginning of the pandemic, sales boomed as people stuck at home snapped up home fitness equipment but, as vaccinations increased and people returned to their gym, share prices tumbled, falling more than 80% from january of 2021. even hollywood isnt giving the compan...
Source: archive.org