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Peloton to lay off 400 employees as CEO Barry McCarthy departs
Peloton has announced that it's laying off 15 percent of its workforce -- 400 people -- as CEO Barry McCarthy steps down.
Peloton, the exercise equipment maker and creator of online fitness classes, has announced that it’s laying off 15 percent of its workforce — 400 people — as CEO, president, and board director Barry McCarthy steps down after two years in the role. This is a developing story, refresh for updates.
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