Peloton Interactive has announced another significant round of layoffs, cutting approximately 11 percent of its workforce as the connected fitness company continues to grapple with falling sales and ...
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Is Peloton Interactive a zombie stock — dead, but doesn’t know it yet?
Quick Read Peloton Interactive (PTON) reported Q2 revenue of $657M, down 3% YoY. Paid subscribers fell 7% to 2.661M.
Can Peloton turn around?
Fitness technology firm Peloton Interactive Inc. has laid off about 11% of its global workforce. Most of the job cuts ...
Shares of exercise equipment company Peloton (NASDAQ:PTON) fell 23.2% in the morning session after the company reported disappointing fourth-quarter results and provided a weak outlook for the ...
Peloton Interactive Inc., the beleaguered fitness technology firm, has performed a major downsizing, cutting 11% of its workforce. The decision was communicated internally to staff by CEO Peter Stern ...
Q2 2026 Management View CEO Peter Stern stated that "this quarter, we made significant progress on our multiyear strategy of evolving Peloton from a Connected Fitness company to a Connected Wellness ...
Peloton remains under pressure with declining revenues, high dilution, and a shaky business model. Management is making positive changes, but results are not yet visible; stabilization of user base ...
The fitness innovator's challenges have resulted in a beaten-down stock price.
It’s been a rough time for Peloton. Last year was marred by deep staff cuts, a change of CEO and a reckoning of where the home fitness company belonged, post-Pandemic boom. The answer is, ...
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