Peloton is cutting about 800 jobs in a bid to restructure the business
Peloton has been on a wild ride, announcing its CEO was stepping down and thousands of jobs would be cut, despite seeing a surge in sales early in the pandemic. Here’s why Peloton became a viral success, and why it’s spinning out now. Photo illustration: Jacob ReynoldsPeloton Interactive Inc. plans to cut about 800 jobs as it looks to reduce its operating footprint and cut costs, the company said Friday.
The New York-based company said it would eliminate its North American field operations warehouses and make cuts within its member-support team, among other changes, resulting in the loss of 784 jobs. It also plans to scale back the retail operations it had been building out and raise the prices on some of its products in the U.S.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Peloton is cutting jobs, closing stores and hiking pricesPeloton is slashing jobs again, and this time it's also hiking prices on some of its products.
Lire la suite »
Alfa Romeo GT | Shed of the WeekGood Sheds are rare nowadays; good-looking sporty Sheds even more so...
Lire la suite »
Man shot and killed in Compton; homicide investigation underwayThe shooting occurred at around 10:30 p.m. in the 800 block of Alondra Boulevard. Deputies were working to determine whether the incident was gang-related.
Lire la suite »
Your Attachment Style May Not Be What You Think It IsAre you 'anxiously attached'? A new look at the data behind attachment styles finds that the concept may not be as securely grounded as previously thought, writes swhitbo
Lire la suite »
Satellite imagery shows Antarctic ice shelf crumbling faster than thoughtAntarctica's coastal glaciers are shedding icebergs more rapidly than nature can replenish the crumbling ice, doubling previous estimates of losses from the world's largest ice sheet over the past 25 years, a satellite analysis showed on Wednesday.
Lire la suite »
Peloton Is Finally Reopening Its Studios — and Kicking It Off with a Music FestivalPeloton's All For One music festival is back in 2022 with favorites from every genre imaginable. See the full artist lineup and how to participate.
Lire la suite »