News

Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its ...
Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
Shares of Peloton Interactive (PTON) reversed course and turned lower Thursday after the connected fitness company swung to a ...
Shares of fitness company Peloton climbed on Thursday after the company forecast higher revenue for the coming year and ...
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in ...
Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost ...
Discover how Peloton plans more layoffs following a decline in membership and revenue, while seeking new growth strategies.
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 ...
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.
As far as we know, Peloton’s 2,800 worker layoff is perfectly legal and does not violate the WARN Act. But we can still use this event to get a better understanding of the WARN Act and what it ...
The sweeping layoffs, and the news that Peloton’s founder John Foley would be stepping down as CEO after a decade in charge, capped off months of turmoil at the popular fitness company.
The Peloton membership, which typically costs $40 per month, comes in addition to more typical layoff measures including cash severance payments, extended health care coverage and help finding new ...