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AMAZON PELOTON
Some companies tie AI to layoffs, but the reality is more complicatedMajor companies like Amazon, Pinterest, and Expedia are announcing significant job cuts. While many firms cite artificial intelligence as t...- Peloton cuts 11% of jobs, with engineering teams getting hitPeloton Interactive, the long-struggling fitness technology company, slashed 11% of its workforce in a cost-cutting move. The cutback mostl...
- Peloton recalls nearly 878,000 bikes over seat issue — full story in simple pointsPeloton has announced a big bike recall in the U.S. and Canada after a safety problem was found in some Bike+ models. The company says ride...
- Biggest Holiday Sales: Amazon's Prime Big Deal Days to Target's Circle WeekAmazon's Prime Big Deal Days are beginning on October 10 and mark the holiday shopping season. Amazon's sale will feature significant disco...
- Amazon Prime Day 2023: See early deals and moreAs Amazon Prime Day 2023 is round the corner, let us get acquainted with several early deals and latest announcements to make the most of t...
- Peloton is recalling more than two million exercise bikes. Here's whyThe recall includes approximately 2.2 million of the Peloton Bikes Model PL01. The bikes were sold from January 2018 through May 2023 for a...
- Verizon providing free Netflix subscriptions to compete with Amazon and Roku as streaming intermediaryVerizon attempts to be a competitor of Amazon and Roku by offering free Netflix subscriptions. Amazon and Roku have dominated the streaming...
- Amazon's Black Friday sale of 2022 is here, huge discounts on high-end brandsOne of the most popular Black Friday bargains is now live on Amazon. Bargains are included on high-end brands like Peloton and Savage X Fen...
- This CEO wants people to be happy that he laid off 500 employeesUS exercise and fitness equipment company Peloton CEO Barry McCarthy has announced to cut 12 per cent of the workforce (nearly 500 employee...
- Peloton slashes over 500 jobs as part of its turnaround strategy after massive lossFollowing a massive loss, the high-end exercise equipment company, Peloton, has decided to cut approximately 500 jobs.
- Peloton's fitness equipment line-up grows with new $3,195 rowing machine. See detailsDuring a restructuring effort to expand the company's customer base and return to profitability, Peloton is adding rowing machines to its p...
- Peloton to sell its bikes on Amazon in bid to reverse slumpThe news of the Amazon deal sent shares of New York-based Peloton Interactive Inc. soaring 20% Wednesday. They are still down about 88% in ...
- Amazon-backed Tonal cuts 35% of its workforceAccording to CNBC, Tonal employs about 750 people and counts Amazon and Tennis star Serena Williams as its major investors.
- Peloton to stop making bike, tread products in-house, cut about 570 jobsThe New York-based firm will cut around 570 jobs at its Tonic Fitness Technology unit, a Taiwan-based firm bought by Peloton in 2019, accor...
- Wall Street ends lower as Meta Platforms weighsAmazon.com Inc rose 0.2% after expanding its market capitalization by around $190 billion on Friday on the back of blowout earnings.
- Amazon is exploring offer for Peloton, source says; report says Nike also weighing bidMeanwhile, the Financial Times reported late on Friday that sportswear company Nike Inc is also evaluating a bid for Peloton.
- Parag Agrawal of Twitter, Zoom’s Eric Yuan & other CEOs will transform businesses & innovations in 2022Some executives took on prominent new CEO positions this year that are worth watching.
- Video games are the next big thing for tech companies. It's high time it gets a new termThe global sales related to games are higher than the combined revenues from movies & music.
- Lockdown winners fade as reopen trade roars after Covid dataZoom Video Communications Inc. plunged 16% in early trading, while Peloton Interactive Inc. slumped 13% and Netflix Inc. was down 5% as inv...
- Private, online and hi-tech: The coronavirus economyAs hundreds of millions of people worldwide are forced to stay in their homes and not travel abroad, the businesses that are helping them t...
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