Facing an uncertain future, Peloton will cut another 500 jobs

Peloton, it seems, isn’t out of the woods just yet. The once mighty connected fitness firm has been facing a steep uphill battle to turn around its fortunes. This morning, the company confirmed with The Wall Street Journal that it plans to cut another 500 jobs, under the leadership of CEO Barry McCarthy. The executive, who took over the role from cofounder John Foley early this year, has made streamlining a top priority.
Around the time of the transition, the company cut 2,800 jobs. Since then, it has undergone a number of different evasive actions, including outsourcing the production of its

リンク元