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Peloton Stock Falls After Worse-Than-Expected Q3 Results, New Co-CEOs, Restructuring Plan - Peloton Interactive (NASDAQ:PTON)

Peloton announced a restructuring program to include a reduction to its global headcount by approximately 15%, impacting roughly 400 Peloton team members. The company will also continue reducing its retail footprint and redesign its international go-to-market approach to be more targeted and efficient.
Karen Boone Brian Pitz Brad Erickson Chris Bruzzo Barry Mccarthy Peloton Interactive Inc

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