Workforce cuts articles
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Peloton cuts 15% of its global workforce, CEO steps down
Peloton CEO Barry McCarthy is stepping down, the company said on Thursday as it announced a 15 per cent cut to its global workforce due to a post-pandemic slump in demand.
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Peloton CEO Barry McCarthy stepping down, to cut 15% of workforce
Peloton announced on Thursday that CEO Barry McCarthy will be stepping down as the company, and that it is also cutting 15% of its staff worldwide (or about 400 employees). Karen Boone and Chis Bruzzo, Peloton’s current
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New woes for Peloton as CEO resigns, workforce cut by 400
Indoor training platform Peloton has announced a 15 per cent cut in its workforce, totalling around 400 positions, and its CEO Barry...