Peloton Lays Off 2,800 Employees, CEO Resigns Amid Waning Interest
From PC Mag: Financial troubles at Peloton are forcing the company to lay off 2,800 employees across the globe and cancel plans to build a US factory. Its CEO has also resigned.
Peloton announced the layoffs as it struggles to maintain growth. With gyms closed and people stuck at home, the company...