Barry McCarthy

WSJ: Peloton to Cut 500 Jobs as CEO Attempts a Rescue

Peloton will eliminate 500 jobs in its latest round of layoffs, which began in February 2022 with cuts of 2,800 positions. While…

Shopify Cuts Workforce 10% as Ecommerce Demand Cools

In a letter to employees published to the company’s site, Shopify CEO Tobias Lütke revealed that the ecommerce platform would lay off…

Peloton Shifts to Third-Party Manufacturing in Effort to Simplify Supply Chain

Peloton is taking steps to curtail its costs and create a more efficient supply chain by ending all of its owned manufacturing…

Peloton Announces Subscription Fee Increase, Lowers Cost of Equipment

Peloton made changes to its pricing structure as the on-demand fitness class and home-equipment company raised pricing for its All-Access membership. Beginning…

Peloton Trials New Pricing Structure, Appoints Two C-Level Execs

Peloton is trialing a new pricing system and has expanded its senior leadership. The changes were introduced one month after new CEO…

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