Head Topics

Peloton CEO McCarthy stepping down; firm cutting 15% of jobs

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

Peloton Interactive Inc. said Chief Executive Officer Barry McCarthy is stepping down after two years in the role as the company plans to shed about 15 per cent of its global workforce in an effort to revive sputtering growth.

JPMorgan Shorts Pound, Pointing to Long History of Losses in MayBOJ Accounts Signal Japan’s Second Yen Intervention in Fed WeekNorway’s Resolve on a Rate Cut Is Seen Wavering: Decision GuideEx-SocGen Trader Kataria Says He Was ‘Fired’ for Undetected BetsRussians Who Fled War Return in Boost For Putin’s War EconomySumitomo Aims to Bolster Shareholder Returns in New Midterm PlanVodafone Idea Seeks $1.

5 Billion-PlusIndia Deregisters Go First’s Planes, Pushing Carrier Closer to CollapseNovartis to Buy Mariana Oncology, Paying $1 Billion UpfrontNorway’s Resolve on a Rate Cut Is Seen Wavering: Decision GuideKhosla, VCs Plow $100 Million Into Blood Test Startup Using AIMusk’s Starlink Persists in Unauthorized Areas Despite Shutdown WarningsAdani Flagship’s Profit Slips 38% Bogged Down by One-Time ChargeTreasuries Extend Post-Fed Rally With All Eyes on Jobs DataSwitzerland Invites More Than 160...

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Peloton CEO McCarthy to Step Down; Firm to Cut 15% of WorkforcePeloton Interactive Inc. said Chief Executive Officer Barry McCarthy is stepping down from the role and the company is planning to cut about 15% of its global workforce.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Greyhounds busy, local talent popular as OHL draft wraps upEleven locals selected during the 15 rounds while the Greyhounds added 15 players to their roster
Source: SooToday - 🏆 8. / 85 Read more »

Game #31 Preview: Ragans vs Berríos (Royals @ Blue Jays)Royals (17-13) vs Blue Jays (15-15)
Source: bluebirdbanter - 🏆 56. / 59 Read more »

B.C. Hydro calls for new energy sources for the first time in 15 yearsBut the call for the power comes amidst concerns about the long-term supply
Source: TerraceStandard - 🏆 24. / 68 Read more »

Paris Office Sales Fall to Lowest in 15 Years in First QuarterInvestments in Paris commercial real estate continued to decline in the first quarter, hitting the lowest level in 15 years.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Parents of Michigan School Shooter Each Sentenced To Up To 15 Years in PrisonJennifer and James Crumbley, the parents of Michigan high school shooter Ethan Crumbley, were both found guilty of involuntary manslaughter earlier this year.
Source: HuffPostCanada - 🏆 61. / 53 Read more »