In November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 over the course of ...

The FTC sued in July to stop the deal, saying Meta's acquisition of Within would "tend to create a monopoly" in the market for virtual real...

US exercise and fitness equipment company Peloton CEO Barry McCarthy has announced to cut 12 per cent of the workforce (nearly 500 employee...

During a restructuring effort to expand the company's customer base and return to profitability, Peloton is adding rowing machines to its p...

From plummeting revenue multiples on the NASDAQ to a fall in IPOs, no category has been spared, he said.

Wayfair is also in the process of making substantial reductions in its third-party labour costs.

Peloton said it also plans to "significantly" reduce its North American store base, which now numbers 86. But it didn't say how many locati...

Tiger Global Management, already a Peloton investor, bought another 3 million shares, increasing its investment by 41% and Baillie Gifford,...

The exercise bike maker's co-founder, John Foley, will step down as CEO and will become the executive chair, the company said.

Meanwhile, the Financial Times reported late on Friday that sportswear company Nike Inc is also evaluating a bid for Peloton.

Some executives took on prominent new CEO positions this year that are worth watching.

Thousands of small fitness centers and studios that were forced to close a year ago now are gone for good.

“This is a huge vote of confidence to the Indian start-up ecosystem,” said Harsh Jain, CEO and Co-Founder, Dream Sports. “We have created t...

Restaurant pain has turned into Tupperware's gain with millions of people in a pandemic opening cookbooks again and looking for solutions t...

The BCCI president said that he has a lot to do at the moment.

It raised $550 million in a funding round last year led by venture capital firm TCV that valued that company at $4.15 billion.

David joins the World Gold Council post a successful career in the financial services industry.