YOUR BUSINESS AUTHORITY
Springfield, MO
Peloton is planning its fourth round of layoffs this year.
Around 500 jobs are being eliminated in the latest round.
CEO Barry McCarthy said in a memo shared with CNN Business that "this is a necessary step if we are going to save Peloton, and we are."
Read more from CNN Business.
A 17-year-old yoga and fitness studio at 2680 S. Glenstone Ave. in the Brentwood Center changed hands on July 1.