As its publicity crisis gets worse, Peloton has removed CEO John Foley and issued massive job cuts. Will this effect plans to sell off the company?
Another day, another Peloton disaster.
Here we are again, dear readers, discussing the latest development in the horror film that is the story of Peloton.
The company famous for producing stationary bikes is struggling and has been for some time. How bad are they struggling, you ask?
The post The Peloton Horror Story: CEO John Foley Let Go, 2,800 Jobs Cut appeared first on Money & Markets, LLC.