Reuters via Yahoo
Peloton CEO McCarthy steps down, fitness equipment maker to cut 15% jobs
On Thursday, Peloton reported smaller-than-expected quarterly revenue and cut its full-year forecast slightly amid dwindling demand for its stationary bikes and treadmills despite price cuts ...
1 day ago
![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’")
