Peloton to lay off 400 employees as CEO Barry McCarthy departs
Peloton, the exercise equipment maker and online fitness course provider, said it is laying off 15% of its workforce (about 400 people) as part of cost-cutting measures. The company also said its CEO, president, and board director, Barry McCarthy, would step down after two years in the role. McCarthy, who was previously CFO at Spotify […]
Peloton to lay off 400 employees as CEO Barry McCarthy departs Read More »