Peloton CEO Barry McCarthy’s Turnaround Plan Now Involves TikTok Peloton's battered stock jumped 15 percent on the TikTok partnership. By Nhari Djan
Peloton Lays off Employees for the Fourth Time This Year The home fitness company plans to lay off 500 employees, or 12 percent of its workforce as CEO Barry McCarthy seeks to turn around the business. By Courtney Vinopal
Peloton Has Lost Money For Six Straight Quarters As Demand for At-Home Fitness Tumbles Peloton reported a net loss of $1.24 billion in its latest fiscal quarter, almost four times wider than a year ago. By Sissi Cao