Peloton Layoffs 2024 Tacoma. The struggling fitness company is cutting another 500 jobs, ceo barry mccarthy told cnbc. Following significant workforce reductions in 2022 and 2023, this year.
Published 12:48 pm et may 02, 2024. 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.
Peloton’s Ceo Barry Mccarthy Is Stepping Down After Announcing Yet Another Round Of Layoffs, This Time Affecting About 15 Percent Of Its Remaining Workforce,.
Peleton said it lost $167 million, $1.44 per share, on revenue of $717.7 million during the most recent quarter, the third of its 2024 fiscal year.
15,589 Employees Laid Off — See All February 2024 Tech Layoffs.
The prices of bike v1.
The Struggling Fitness Company Is Cutting Another 500.
Images References :
After Slashing Prices Earlier This Year, Peloton’s Bike+ Will Increase By $500, To $2,495 And Peloton’s Tread Will Increase By $800, To $3,495.
Peleton said it lost $167 million, $1.44 per share, on revenue of $717.7 million during the most recent quarter, the third of its 2024 fiscal year.
These Layoffs Are Part Of A Comprehensive Strategy To Realign Peloton’s Cost Structure With Its Current Business Size.
Peloton said in a separate announcement it will lay off about 15% of its global workforce, or 400 employees, as the company hopes to reduce annual spending.