Peloton cuts 15% of its global workforce, CEO steps down – National
Descrease article font size Increase article font size 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 for its connected fitness equipment. Shares of the beleaguered New York-based company rose 14 per cent … Read more
