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11hon MSN
Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff
Peloton beat Wall Street's expectations on the top and bottom lines, delivering a surprise profit that came in well ahead of ...
Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
Shares of fitness company Peloton climbed on Thursday after the company forecast higher revenue for the coming year and ...
Shares of Peloton Interactive (PTON) reversed course and turned lower Thursday after the connected fitness company swung to a ...
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 ...
Peleton (NASDAQ:PTON) jumped 7% Thursday after Peloton forecast a 12% Q1 revenue drop and unveiled cost cuts. Usually a sales ...
Peloton Interactive shares were up sharply on Thursday morning, August 7 as the company beat top and bottom-line estimates ...
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.
After Friday’s layoffs are completed, Peloton will have about 5,000 employees. The memo comes one month after Peloton announced it will stop making its own equipment and outsource it to a ...
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 ...
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