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Feb 8, 2022 · Barry McCarthy, who helped Netflix and Spotify go public, is replacing John Foley as Peloton's leader. The fitness company is facing challenges after cutting its revenue forecast and laying off 2,800 employees.
May 3, 2024 · Peloton, once a pandemic-era fitness sensation, is now facing cash-flow issues, product recalls and dwindling sales. The company announced McCarthy's departure and 400 layoffs as it tries to refinance its debt and find its footing.
- 6 min
- Megan Cerullo
May 2, 2024 · Peloton said on Thursday that its chief executive, Barry McCarthy, was stepping down and that it would lay off more workers, as it continued to struggle in the fitness market.
May 2, 2024 · Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley. Along with the CEO change, the company is laying off 15%...
Mar 2, 2022 · Barry McCarthy, former CFO of Spotify and Netflix, joined Peloton as CEO in 2022 to make the company successful. He talks about his vision, challenges and goals in an exclusive interview with Yahoo Finance.
- 3 min
- Brian Sozzi
May 2, 2024 · Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the pandemic highs, has quit as the company announced job cuts to reduce costs...
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May 2, 2024 · Peloton CEO Barry McCarthy is leaving his role and announced that it’s cutting about 15% of its workforce as financial problems persist at the connected fitness company following a pandemic boon.
