Poor cycle at Peloton
Lisa Fickenscher
Peloton is considering cutting jobs and closing stores after hiring consulting firm McKinsey & Co., according to a report.
The potential slashings come amid a spate of bad news for the luxury fitness company, whose exercise treadmills sell for $2,500 and whose chief executive, John Foley, responded poorly to a crisis last year when several children were injured by the machines and one was killed.
BUSINESS
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2022-01-19T08:00:00.0000000Z
2022-01-19T08:00:00.0000000Z
https://nypost.pressreader.com/article/282196539324775
New York Post