Peloton CEO John Foley stepping down to become executive chair
The exercise bike maker also plans to cut about 2,800 jobs, which represents about 20% of its corporate workforce.
Axios ·
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The Latest Breaking News from John Foley
Amazon and Other Potential Suitors Explore Peloton Deal
Peloton Interactive Inc is drawing interest from potential suitors including Amazon.com Inc., according to people familiar with the matter, as the stationary-bike maker's stock slumps and an activist urges it to explore a sale.
Bangkok Post ·
Peloton’s fortunes race downhill as fitness fans return to gyms
The exercise bike maker is worth less than a fifth of its $50bn valuation during global lockdown
The Guardian - UK ·
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Peloton pauses production as bikes and treadmills collect dust in warehouses
Turns out not everyone wants to shell out thousands for home workout equipment.
Input ·
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