Peloton has been working on a significant rebranding since last year, shifting its identity as a seller of luxury exercise bikes and equipment to health technology for all Peloton is set to cut ...
, opens new tab 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 ...
Peloton CEO Barry McCarthy is stepping down, the company said on Thursday as it announced a 15% cut to its global workforce due to a post-pandemic slump in demand for its connected fitness equipment.
Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2024, to be updated regularly.
, opens new tab on Tuesday said it plans to reduce the size of its Jeffersonville, Indiana site and close Tualatin, Oregon site, leading to 415 job cuts. It added these changes are part of its ...
FRANKFURT - Siemens Energy’s wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15 per cent of its workforce, the unit’s chief executive Jochen Eickholt said in an ...
Small business lender Funding Circle plans to cut around 120 jobs as part of efforts to reduce costs and boost its flagging share price. It also announced the departure of its finance chief. The ...
The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and ...
Weekly unemployment claims are broadly interpreted as a proxy for the number of U.S. job cuts in a given week and a sign of ...
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels ...
Peloton chief executive Barry McCarthy is stepping down, the company said today as it announced a 15% cut to its global workforce due to a post-pandemic slump in demand for its connected fitness ...
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 ...