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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 ...
CEO Peter Stern, who joined the company in January from Ford Motor, had kicked off the turnaround effort to address a slump ...
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Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its ...
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in ...
Peloton Interactive shares were up sharply on Thursday morning, August 7 as the company beat top and bottom-line estimates ...
Peleton (NASDAQ:PTON) jumped 7% Thursday after Peloton forecast a 12% Q1 revenue drop and unveiled cost cuts. Usually a sales ...
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.
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 ...
Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6 per cent of its global workforce to boost ...
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