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Barry McCarthy took over as C.E.O. in February 2022 to revive Peloton from its late-pandemic slump, but the company has struggled to become profitable. ....
The carmaker dismissed 500 employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States. ....
Problems have plagued the manufacturer even after two fatal crashes, and many current and former employees blame its focus on making planes more quickly. ....