-
Peloton is firing over 2,800 employees — about 20% of its corporate staff.
-
The severance package for those fired employees includes a one-year Peloton membership.
-
CEO John Foley is also stepping down after a challenging quarter and slowing demand for the product.
Peloton is firing over 2,800 employees — 20% of its corporate workforce — because of an ongoing downturn in the company’s business.
As part of the severance plan for the over…
Source link
