Peloton Shares Rise After CEO Writes the Company is Considering Layoffs: ‘We Now Need to Evaluate Our Organization Structure and Size of our Team’

Posted byChloe Arrojado Leave a comment on Peloton Shares Rise After CEO Writes the Company is Considering Layoffs: ‘We Now Need to Evaluate Our Organization Structure and Size of our Team’

In a memo, Peloton CEO John Foley wrote that the company has ‘experienced leaks containing confidential information’ following reports it was halting production.

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