Peloton CEO steps down amid more layoffs It's déjà vu for the luxury fitness company: Peloton is cutting about 400 more jobs, and its CEO is stepping down just two years after a major shakeup.

News of McCarthy’s exit came as Peloton reported revenue slid 4% to $717.7 million in its latest quarter. Peloton shares slipped 2.5% to $3.14. In the previous quarter, Peloton said sales fell ...

Peloton also announced it is cutting 15% of its staff — or 400 employees — as it tries to trim costs. The job cuts mark the fifth time Peloton has reduced its headcount since the company ...

Four of Peloton’s big fitness personalities — Kristin McGee, Kendall Toole, and Ross Rayburn — have announced they are leaving amid ‘contract negotiations.’ But the company’s future is ...

Daniel McKenna Courtesy of Daniel McKenna/Instagram. Since then, Peloton has peacefully maintained a steady roster of 61 instructors, aged between 28 and 55, until news of the departures started ...

Shares of beleaguered exercise equipment company Peloton rallied sharply on Thursday after it reported its first rise in sales in more than two years. The home fitness company brought in $644 ...