Peloton to replace its CEO, cut 2,800 jobs

Beleaguered fitness company Peloton said Tuesday it will replace CEO and co-founder John Foley as the brand seeks to win back market and consumer confidence.
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Peloton to Cut 500 More Jobs in Latest Bid for Turnaround - WSJ

Peloton to replace CEO John Foley and cut 2,800 jobs