(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the pandemic highs, has quit as the company announced job cuts to ...

STORY: Peloton CEO Barry McCarthy, who took the helm two years ago to revive the flagging fitness firm, is stepping down. His departure, announced by the company Thursday, comes as demand for ...

Peloton announced on Thursday, May 2, that its CEO Barry McCarthy is stepping down amid plans to reduce its workforce by 15%, which equates to about 400 jobs. This development marks the fifth round of ...

Peloton announced Thursday that its CEO, Barry McCarthy, is stepping down. The struggling workout company also said that it is laying off 15% of its workforce, or about 400 employees, as part of a ...

(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the pandemic highs, has quit as the company announced job cuts to reduce ...

(Reuters) -Peloton CEO Barry McCarthy has stepped down, the company said on Thursday as it decided to cut 15% of its workforce to tackle a post-pandemic slump in demand for its connected fitness ...

May 2 (Reuters) - Peloton CEO Barry McCarthy has stepped down, the company said on Thursday as it decided to cut 15% of its workforce to tackle a post-pandemic slump in demand for its connected ...

This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.

Midland, MI, Apr. 30--Moving forward with a long-term cost reduction plan, Dow Chemical Co. said Thursday it would cut 3,000 jobs globally this year. The announcement came as the company posted a ...

Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 ...

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