Peloton launched in 2012 as a premium fitness brand, offering pricey exercise bikes, treadmills, and rowing machines with ...

The Peloton layoffs are a part of its cost-cutting strategy to bring down operating costs and pursue a new business model.

Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...

During the COVID-19 pandemic, Peloton (NASDAQ: PTON) bikes were popular among people who could use them and afford them at ...

Peloton Interactive (NASDAQ: PTON), one of the hottest growth stocks during the pandemic, closed at a record high of $167.42 ...

Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost ...

Stern is slated to step down from his role at Ford and take the helm of Peloton on Jan. 1. Peter Stern talks during an Apple event on March 25, 2019. Apple ...

Stern was among a number of ex-Apple executives to shift to the auto industry. At Ford, he joined Doug Field, who was hired in 2021 as the automaker’s chief advanced technology and embedded ...

Peloton on Thursday named Ford executive Peter Stern as its new CEO, tasking him with trying to turn around the beleaguered high-end fitness company. It's the company's third CEO in under three years.

Stern was an early adopter of Peloton, having been a member since 2016, and "has spent over 20 years operating at the nexus of hardware, software, content and services at Ford, Apple and Time ...

Stern is slated to step down from his role at Ford and take the helm of Peloton on Jan. 1. Interim co-CEO Karen Boone will stay in the role through the end of the calendar year, while her ...