Peloton will reduce about 12% of staff within the fourth spherical of layoffs this yr

Peloton plans to chop about 12% of its workforce in its fourth spherical of layoffs thus far this yr, the Wall Road Journal reported on Thursday, citing a press release from the corporate. 500 job cuts have been introduced for the workforce and the cuts would put Peloton round 3,800 staff globally. the report stated, … Read more