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1 day ago · Peloton tussled with federal officials over an eventual recall of treadmills. They had caused dozens of incidents including a death of a 6-year-old. They had caused dozens of incidents including a ...
19 hours ago · Other issues include a stop ride notice issued in May last year, which resulted in a voluntary recall of almost 2.2 million Peloton Bikes, due to a fault in the seatpost which could cause it to break.
1 day ago · 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.
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1 day ago · Jan. 5, 2023: Peloton agrees to pay a $19 million civil penalty for failing to immediately report treadmill defects—which caused a child’s death—to the U.S. Consumer Product Safety Commission. ⬇️ Stock value: $8.58; May 11, 2023: A recall of 2.2 million Peloton bikes is announced due to a seat defect on original models sold as far ...
21 hours ago · Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its business. Peloton Interactive Inc. said Thursday, May 2, 2024 that the job reductions amount to approximately 15% of its global headcount.
1 day ago · CNBC notes that Peloton hasn’t seen growth in sales since December of 2021, ... News Ground beef recall: E. Coli fears impact 16,000 pounds of meat sold at Walmart stores in 11 states;
1 day ago · Peloton narrowed its guidance for revenue for this fiscal year, and the new range came in lower than analysts anticipated. The company now predicts sales of $2.68 billion to $2.70 billion for the ...
![Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: ‘I don’t think they thought [about] what was going to happen post-pandemic’](https://s.yimg.com/fz/api/res/1.2/hGgWqPKVhBWPmEQjVQahsQ--~C/YXBwaWQ9c3JjaGRkO2ZpPWZpbGw7aD0yMjg7cHhvZmY9MDtweW9mZj0wO3E9ODA7c209MTt3PTQwMA--/https://media.zenfs.com/en/fortune_175/659755da9a4562f313803c809aa91ed8 "Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: ‘I don’t think they thought [about] what was going to happen post-pandemic’")
