A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
The company, which cut about 10% of its workforce in February 2023, ended 2023 with 1,443 full-time employees, according to its annual filing with the Securities and Exchange Commission.
Chief Executive Officer Gunter Erfurt and Chief Financial Officer Markus Nikles are leaving, the company said on Wednesday, and some 200 jobs of its 1050-strong workforce will be cut. Erfurt will ...
The company has cut thousands of jobs since the pandemic, including a further 400 people in May. In a letter to shareholders, Peloton said: “We view the secondary market as an important ...
PELOTON COULD BE POACHED BY PRIVATE EQUITY FIRMS: REPORT "The priorities laid out by the interim management team were to stabilize the balance sheet and cut costs, which they’ve done," she said ...
at-home equipment following a boom during the pandemic as customers cut back on discretionary spending in the face of elevated interest rates and sticky inflation. Peloton reported a 0.2% rise in ...
That may be true, but the fee is also a way for Peloton to get a cut of secondary hardware sales. In today’s earnings call, the company itself said that the fee will also be a “source of ...
For Peloton users who are looking to save some money and buy equipment secondhand, the company is wising up. In a recent letter to its shareholders, the company said it will begin charging a $95 ...
STOCKHOLM—Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global electric-vehicle market cools.
Peloton co-founder and former CEO John Foley, once a billionaire, reveals he has lost all his money and had to sell his things after leaving the company. Some people who buy their Peloton exercise ...
Now that it's pretty much a no-brainer that the Federal Reserve will cut interest rates on Sept. 18 — even better odds than the Detroit Lions winning the Super Bowl in 2025 — we move on to the ...