Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its ...

The Peloton layoffs are a part of its cost-cutting strategy to bring down operating costs and pursue a new business model.

Peloton is, however, sticking with its Special Pricing program to make equipment more affordable for teachers, military personnel, first responders, and medical professionals. As of right now, the ...

Shares of fitness company Peloton climbed on Thursday after the company forecast higher revenue for the coming year and ...

The layoffs will be complete by May 8, according to the filing. In an announcement last week, Peloton said it would reduce warehouse and delivery teams and rely instead on third-party logistics ...

Peloton is laying off nearly 800 employees, McCarthy said in a staff memo that was first reported by Bloomberg. It's part of an effort to "become more efficient, cost-effective, and agile ...

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 ...

Inside Peloton's month from hell How price hikes, layoffs, and too many bikes sent the stock spiraling 24% in a single day. Peloton founder and CEO John Foley. Getty; Marianne Ayala/Insider ...

What to Know Amid Peloton Layoffs 2022 For the three months ended Dec. 31, Peloton reported a net loss of $439.4 million, down from a net income of $63.6 million YOY.

Peloton announces nearly 800 layoffs, price hikes for memberships and fitness equipment By Jordan Valinsky, CNN Business, CNNWire Saturday, August 13, 2022 ...