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Peloton announces 400 layoffs, 15% of the workforce, as CEO Barry McCarthy departs

Peloton announces 400 layoffs, 15% of the workforce, as CEO Barry McCarthy departs

TechCrunch Industry News · TechCrunch

May 3, 20243m 16s

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Show Notes

Peloton, the exercise equipment maker and creator of online fitness classes, has announced that it’s laying off 15 percent of its workforce — 400 people — as CEO, president, and board director Barry McCarthy steps down after two years in the role.

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