But Peloton’s problems have gotten severe enough that it may be forced to do something it has never done before: cull its ...
Peloton also has a history of attacking competitors, including SoulCycle, iFIT and Lululemon, with Foley allegedly calling the strategy a “winner-take-all” approach, according to court filings.
From a CEO change to announcing staff layoffs, it's been a bumpy couple of days for Peloton. On Thursday, Peloton announced it is laying off 15% of its global staff, which will affect around 400 ...
In a Peloton déjà vu, the fitness-equipment company is cutting 400 jobs and looking for a new CEO as it struggles to shape a business model beyond selling expensive stationary bikes. Just two ...
If you're not looking to spend your entire savings on a Peloton Bike+ ... Another great option if you prefer guided rides? iFit ($15/month; ifit.com), an app that offers a wide array of instructor ...
Connected fitness company Peloton, known for its tech-enabled stationary bikes and treadmills, has cycled through yet another chief executive. On Thursday, the beleaguered company announced ...
Peloton’s chief executive officer is stepping down from the role as the fitness company plans to cut roughly 15% of its global workforce. Chief Barry McCarthy told Peloton’s roughly 3,500 ...
Peloton is shaking up its leadership team again as the company has announced another round of layoffs as sales continue to slump. The fitness company said CEO Barry McCarthy will be stepping down ...
Peloton CEO Barry McCarthy is leaving his role, and the company is cutting about 15% of its workforce as numerous attempts to regain its pandemic-era glory have failed. McCarthy, who was named CEO ...
In 2022, Peloton CEO Barry McCarthy was tapped to replace co-founder John Foley as the upscale fitness company faced a post-pandemic slump and struggled to navigate after the tragic death of a ...
The satellite provider is alleging that BritBox has been using some of its tech without a license, and according to Cablefax has hauled the streamer into court to settle the issue. DISH is suing ...