Peloton reportedly looks to sell up to a 20% stake amid struggles
In February, Peloton CEO John Foley stepped down as the connected fitness pioneer cut 2,800 jobs. No one could say the news was unexpected. The firm was experiencing dramatic turmoil after flying high from pandemic sales and then falling back down to Earth. Add to that 2021’s massive product recall and you’ve got a rough … Continue reading Peloton reportedly looks to sell up to a 20% stake amid struggles
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