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Enterprenuers

Peloton slashing 780 jobs, closing stores and hiking prices in push to turn profit

[ad_1] Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores…

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Enterprenuers

Peloton CEO says he was surprised by how deep some issues ran at the company

[ad_1] Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in…

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Enterprenuers

Peloton shares fall 22% after company posts huge loss and offers weak guidance

[ad_1] A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.…

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