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Peloton gears as much as hike costs, lay off workers, and shutter shops

Peloton CEO Barry McCarthy had his job lower out for him when he took over the helm in February as the corporate laid off 2,800 workers. Now, roughly six months later, McCarthy has despatched out a memo to staffers warning the corporate plans to remove a further 784 jobs in a 3rd spherical of layoffs, …

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