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Peloton announces 400 layoffs, 15% of the workforce, as CEO Barry McCarthy departs
Peloton, the exercise equipment maker and creator of online fitness classes, has announced that its laying off 15 percent of its workforce 400 people as CEO, president, and board director Barry McCarthy steps down after two years in the role. McCarthy, who was previously CFO at Spotify and Netflix, was coerced out of [] 2024 TechCrunch. All rights reserved. For personal use only.