(Bloomberg) Peloton Interactive Inc. shares fell to a record low after Chief Executive Officer Barry McCarthy announced plans to step down and the struggling fitness company embarked on a major restructuring that will reduce its global workforce by 15%.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineHuawei Secretly Backs US Research, Awa
Peloton Interactive Inc. shares fell to a record low after Chief Executive Officer Barry McCarthy announced plans to step down and the struggling fitness company embarked on a major restructuring that will reduce its global workforce by 15%.
Peloton CEO to Step Down as Company Cuts 15% of Jobs businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.
Peloton posted record low after announcing CEO departures, layoffs gulfnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.ca Daily Mail and Mail on Sunday newspapers.