Peloton Lays Off 500 Employees in Fourth Round of Cuts This Year

Peloton Lays Off 500 Employees in Fourth Round of Cuts This Year

The New York Times - Business:

The latest layoffs at the home gym equipment maker, which soared in popularity earlier in the pandemic but has suffered more recently, account for 12 percent of its work force.

This post first appeared in The New York Times - Business. Read the original article.

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