Peloton enjoyed a surge in popularity over the past year as the pandemic forced people to give up gyms and to exercise in their homes. Unfortunately, the company is struggling to meet the sudden ...
Peloton CEO John Foley recently penned an open letter to customers about the delivery delays affecting the company. Foley says deliveries of its connected exercise bikes and treadmills have been held ...
Todd Mitchell loves his Peloton. He didn't love the gummy grape candy that he said ended up stuck to his $4,295 treadmill during the delivery process. Nor did Mitchell appreciate that the delivery ...
A gunman carjacked a Peloton delivery driver Wednesday morning at a Virginia shopping center. The driver said a man with a gun forced her out of the van in the 6100 block of Franconia Road near a ...
Peloton is laying off 784 employees as the fitness giant looks to cut costs, improve efficiency and create positive cash flow, according to a Friday memo from chief executive officer Barry McCarthy.
As Peloton weighs layoffs and production pauses amid a bleak financial forecast, at least five employees across multiple divisions are claiming that the company owes them money for work they performed ...
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Delivery issues that have been building up throughout the pandemic for Peloton Interactive (PTON-1.05%) could begin spilling over, hurting its own sales while helping those of rivals like Nautilus ...
Peloton Interactive’s 2Q earnings and revenues topped the Street's estimates. The company also raised its sales outlook for fiscal 2021. However, shares of the fitness products maker dropped about 5.9 ...
Peloton’s rapid ascent to becoming a must-have home fitness accessory has caused major delivery delays that are angering new customers. The company’s now spending big to fix that. CEO John Foley said ...
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