Netflix's Reed Hastings steps aside after nearly 30 years; Jay Hoag becomes chairmanNetflix has appointed lead independent director Jay Hoag as its new chairman, succeeding co-founder Reed Hastings. Hastings, who stepped do...
Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping downPeloton undergoes restructuring, cutting 400 jobs globally. CEO Barry McCarthy resigns. Shares rise by 11%. Sales surged during lockdowns b...
Peloton CEO Barry McCarthy steps down, fitness equipment maker to cut 15% jobsBarry McCarthy resigns as Peloton CEO, leading to 15% job cuts. Karen Boone and Chris Bruzzo step in as interim co-CEOs. Jay Hoag appointed...