By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Dubai News Club
  • Business
  • Finance
  • Lifestyle
  • Tech
  • Middle East
  • Press Releases
Reading: Peloton gears up to hike prices, lay off 800 employees, and shutter stores
Share
  • English
    • العربية (Arabic)
Submit News
Notification
Dubai News ClubDubai News Club
0
Font ResizerAa
  • Business
  • Finance
  • Lifestyle
  • Tech
  • Middle East
  • Africa
  • Press Release
Search
  • Home
  • Business
  • Finance
  • Tech
  • Lifestyle
  • Press Release
  • Africa
  • Middle East
  • English
    • العربية
  • Privacy Policy
  • Terms and Conditions
  • Contact
  • Submit Press Release
© 2022 دبي نيوز كلوب. جميع الحقوق محفوظة.
Dubai News Club > Tech > Peloton gears up to hike prices, lay off 800 employees, and shutter stores
Tech

Peloton gears up to hike prices, lay off 800 employees, and shutter stores

Press Room
Last updated: 2022/08/12
Press Room
Published: August 12, 2022
Share
1 Min Read
SHARE

Peloton CEO Barry McCarthy had his job cut out for him when he took over the helm in February as the company laid off 2,800 employees. Now, roughly six months later, McCarthy has sent out a memo to staffers warning the company plans to eliminate an additional 784 jobs in a third round of layoffs, reports Bloomberg. Peloton will also increase the prices of the Bike Plus and Tread, while shuttering retail showrooms starting in 2023.

Peloton spokesperson Ben Boyd confirmed the news in a…

Source

Justice Department and Google spar over public access to antitrust trial files
The incredibly charming Astro Bot launches on the PS5 in September
Epic will use an EU account to bring Fortnite back to the US App Store
Wyze says camera breach let 13,000 customers briefly see into other people’s homes
This wired Xbox controller has Bluetooth for use with phones

اشترك في النشرة اليومية

كن على إطلاع! احصل على آخر الأخبار العاجلة مباشرة إلى صندوق الوارد الخاص بك.

    من خلال الاشتراك ، فإنك توافق على شروط الاستخدام وتقر بممارسات البيانات الواردة في سياسة الخصوصية . يمكنك إلغاء الاشتراك في أي وقت.
    Share This Article
    Facebook Email Print
    What do you think?
    Love0
    Sad0
    Happy0
    Sleepy0
    Angry0
    Dead0
    Wink0
    Previous Article The auto industry lost its spectrum fight with the FCC because V2V was always a fantasy
    Next Article The Zoom installer let a researcher hack his way to root access on macOS
    Ad imageAd image

    Latest News

    “Startup City” tops the agenda of the “Sharjah Entrepreneurship Festival”
    Finance
    January 26, 2026
    Dubai’s “Sikka” is all beauty and magic
    Lifestyle
    January 26, 2026
    The credibility of the real estate developer is the key to investing in luxury real estate in Dubai
    Finance
    January 25, 2026
    «Zayed Book»: 20 years of celebrating knowledge under the light of «Emirates Literature»
    Lifestyle
    January 25, 2026
    Dubai News ClubDubai News Club
    Follow US
    © 2024 Dubai News Club. all rights are reserved
    • Privacy Policy
    • Terms and Conditions
    • Contact
    • Submit Press Release
    join us!
    Subscribe to our newsletter and never miss the latest news, podcasts, etc.

      Don't worry, we will not send you any spam, you can cancel at any time.
      Welcome Back!

      Sign in to your account

      Username or Email Address
      Password

      Lost your password?