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Shares of Peloton Interactive reversed course and turned lower Thursday after the connected fitness company swung to a ...
19hon MSN
Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff
Peloton beat Wall Street's expectations on the top and bottom lines, delivering a surprise profit that came in well ahead of ...
Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
Shares of fitness company Peloton climbed on Thursday after the company forecast higher revenue for the coming year and ...
11h
Soy Carmín on MSNA Glimmer of Hope for Peloton? Layoffs and Strategic Shift Signal a New Direction
In a surprising turn of events, home fitness giant Peloton Interactive (PTON) has once again made headlines, announcing a new ...
CEO Peter Stern, who joined the company in January from Ford Motor, had kicked off the turnaround effort to address a slump ...
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in ...
Peloton Interactive shares were up sharply on Thursday morning, August 7 as the company beat top and bottom-line estimates ...
Peloton is undergoing another round of layoffs — its fourth this year — with about 500 jobs being eliminated, as the troubled exercise company looks to cut costs to improve its bottom line.
I found out through reading articles about the layoffs,” the ex-employee said. Peloton cut roughly 20% of its corporate workforce in a restructuring bid. Getty Images ...
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