Peloton co-founder steps down as CEO as company announces job cuts

Peloton co-founder steps down as CEO as company announces job cuts
Peloton is cutting jobs (AP)
Tue, 08 Feb, 2022 - 13:12
Associated Press Reporter

The co-founder of Peloton is stepping down as the company’s chief executive following a decline in fortunes at the exercise and treadmill company.

John Foley first pitched the idea of an interactive exercise bike in 2011, hoping to disrupt the industry.

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