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Spinning Wheels: Peloton CEO Steps Down amid More Layoffs, 92% Drop in Stock Price

By: Lucas Nolan ยทย Lucas Nolan

Peloton, the once-thriving fitness company, has hit another rough patch as it struggles to regain its footing in the post-pandemic era. CEO Barry McCarthy is now stepping down after the company's share price dropped about 92 percent during his tenure.

The post Spinning Wheels: Peloton CEO Steps Down amid More Layoffs, 92% Drop in Stock Price appeared first on Breitbart.

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