Peloton hits reset with CEO change, ٢,٨٠٠ jobs cut

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Peloton Interactive Inc will replace its chief executive and cut about 2,800 jobs, the company said on Tuesday, as the exercise bike maker looks to revitalize sagging sales and win back investor confidence. John Foley, Peloton’s co-founder who has led the company for nearly a decade, will step down to become the executive chair. Barry […]

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