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Shares of Peloton Interactive reversed course and turned lower Thursday after the connected fitness company swung to a ...
Peloton beat Wall Street's expectations on the top and bottom lines, delivering a surprise profit that came in well ahead of ...
Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in ...
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.
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Soy Carmín on MSNA Glimmer of Hope for Peloton? Layoffs and Strategic Shift Signal a New DirectionIn a surprising turn of events, home fitness giant Peloton Interactive (PTON) has once again made headlines, announcing a new ...
CEO Peter Stern, who joined the company in January from Ford Motor, had kicked off the turnaround effort to address a slump ...
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.
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 ...
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