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The Peloton layoffs are a part of its cost-cutting strategy to bring down operating costs and pursue a new business model.
The fitness-equipment maker registered a $21.6 million profit (5 cents a share), compared to a loss of $31.9 million a year ...
In fiscal 2025, Peloton cut overall expenses by 25%, scaling back spending on sales, marketing, research and development, and ...
Discover how Peloton plans more layoffs following a decline in membership and revenue, while seeking new growth strategies.
Peloton reported a strong Q4 and announced plans of lowering run-rate expenses by another $100 million in fiscal 2026. UBS ...
Shares of Peloton Interactive reversed course and turned lower Thursday after the connected fitness company swung to a ...
Shares of fitness company Peloton climbed on Thursday after the company forecast higher revenue for the coming year and ...
Peleton (NASDAQ:PTON) jumped 7% Thursday after Peloton forecast a 12% Q1 revenue drop and unveiled cost cuts. Usually a sales ...
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in ...
Find out about the latest happenings in the world of entertainment, and also learn from experts about: relationships, ...
Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...
Peloton (NASDAQ:PTON) shares jumped by nearly 12% at 8.53am in premarket after the company posted a surprise profit and ...