peloton

Peloton cuts 15% of its global workforce, CEO steps down – National

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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

Christopher Nolan Hits Brakes On Peloton Leader’s Bad Review

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Christopher Nolan really felt the burn during a Peloton class. The New York Film Critics Circle recently named the filmmaker best director for his movie “Oppenheimer,” and Nolan decided to use his acceptance speech as an opportunity to wax poetic about why he doesn’t care that an aerobics instructor hurt his feelings, according to Variety. … Read more