Daily Crunch: After slashing 2,800 jobs, Peloton taps former Spotify CFO to replace outgoing CEO
TechCrunch
FEBRUARY 8, 2022
Today we’re talking layoffs, blockchain infra, a called-off mega-deal, and chip-based national security. Peloton CEO steps down, employees fired en masse : After reports broke that Peloton was halting production of its hardware due to falling demand, some sort of reshuffling of the home exercise company was on the horizon.
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