Peloton cuts 500 additional jobs to save company, return to growth
Peloton is cutting about 500 more jobs, or about 12% of its workforce, as the exercise equipment maker continues efforts to return to profitability.
Source: usatoday.com
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Peloton Lays Off 500 Employees in Fourth Round of Cuts This Year
The latest layoffs at the home gym equipment maker, which soared in popularity earlier in the pandemic but has suffered more recently, account for 12 percent of its work force.
Source: nytimes.com
A STATEMENT FROM PELOTON CEO AND PRESIDENT BARRY McCARTHY
/PRNewswire/ -- Today, Peloton (NASDAQ: PTON) announced approximately 500 global team member positions have been eliminated, as part of the final phase of the...
Source: prnewswire.com
A STATEMENT FROM PELOTON CEO AND PRESIDENT BARRY McCARTHY
/PRNewswire/ -- Today, Peloton (NASDAQ: PTON) announced approximately 500 global team member positions have been eliminated, as part of the final phase of the...
Source: prnewswire.com
The message behind Peloton's new retail strategy
The message behind Peloton’s new retail strategy. From PR Week
Source: prweek.com