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Shares of Peloton Interactive reversed course and turned lower Thursday after the connected fitness company swung to a ...
Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its ...
Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
In fiscal 2025, Peloton cut overall expenses by 25%, scaling back spending on sales, marketing, research and development, and ...
Shares of fitness company Peloton climbed on Thursday after the company forecast higher revenue for the coming year and ...
Discover how Peloton plans more layoffs following a decline in membership and revenue, while seeking new growth strategies.
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.
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 is slashing jobs again, and this time it’s also hiking prices on some of its products. It’s part of a major cost-cutting strategy as the beleaguered fitness company continues to make ...
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 ...
Peloton bikes start at $1,495, with the newest model, the Peloton Bike+ costing $2,495. But the company’s fortunes have shifted abruptly over the past year.