Tuesday, February 8, 2022

Peloton replaces CEO and lays off 2,800 people as once-hyped stock continues downhill ride

PELOTON John Foley

The co-founder of Peloton is stepping down as chief executive after an extended streak of tumult at the exercise and treadmill company, which will also cut almost 3,000 jobs.



source https://www.cbc.ca/news/business/peloton-ceo-john-foley-1.6343537?cmp=rss

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