Peloton laying off around 15% of workforce; CEO Barry McCarthy stepping down Peloton is laying off around 15% of workers, the company announced Thursday, in addition to CEO Barry McCarthy stepping down. After Peloton's financial results for 2024's third quarter ... 05/3/2024 - 6:42 am | View Link
Forbes Daily: Rough Ride For Peloton Amid Layoffs And CEO Departure Friday's edition of Forbes Daily features an exclusive interview with Chime CEO Chris Britt, Apple narrowly beating earnings expectations and a look at the U.S. economy. 05/3/2024 - 12:38 am | View Link
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 McCarthy has resigned in the latest bad news for the company. 05/2/2024 - 9:00 pm | View Link
Nike CEO blames oddly specific problem for brand issues Some CEOs have called out Nike, claiming "they stopped a little bit bringing in new stuff,” per JD Sports CEO Régis Schultz earlier this month, adding "shoppers get bored very quickly." ... 04/22/2024 - 5:08 am | View Link
Energy Update: EDF Undercuts Price Cap By £110 With Cheapest Tariff Since 2021 1 April: 12% Cap Cut Thanks To Falling Wholesale Prices Today, 1 April 2024, sees the energy market’s domestic bill price cap fall by 12.3%, taking it from £1,928 to £1,690. This is the amount an ... 10/13/2021 - 6:40 am | View Link