YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Peloton has announced that its CEO will exit and the company will conduct layoffs.
CEO Barry McCarthy will stay on board as a strategic adviser through year's end. Chair Karen Boone and Director Chris Bruzzo will serve as interim CEOs.
The company is laying off around 400 employees, equating to 15% of its staff.
Read more from CNBC.
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