Peloton is undergoing another round of layoffs to 'save' the company

📆 06/10/2022 18:31:00
📰 CTVNews

⏱ Reading Time:
11 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 99%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

Peloton is— its fourth this year — with about 500 jobs being eliminated, as the troubled exercise company looks to cut costs to improve its bottom line.

However, Peloton said that Thursday's cuts "marks the completion of the vast majority of our restructuring plan" it began in February 2022 after CEO Barry McCarthy assumed the position.

Escrever Comentário

Almost invest in Feb 2021 $154. Thank fuck I didn’t

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Wall Street sees S&P 500 falling further after bear-market bounce - BNN BloombergSome of Wall Street’s biggest banks aren’t buying this stock-market rally. ...because they're net short. Um.. What rally? What rally are you referring to
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »