Business

Peloton CEO resigns, company cuts 2,800 jobs


The once-hit bike maker is Spotify’s former chief financial officer, Barry McCarthy, to succeed John Foley and overhaul its board after falling demand sent its value plummeting.

https://www.wsj.com/articles/peloton-ceo-john-foley-to-step-down-become-executive-chair-11644314403?mod=pls_whats_news_us_business_f Peloton CEO resigns, company cuts 2,800 jobs

Ian Walker

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