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Article Date: January 2022
Word Count: 137

Report: Peloton Planning Restructuring

The connected fitness giant hired management consulting firm, McKinsey & Co. to review its cost structure with an eye towards cutting overhead and possibly eliminating some jobs, CNBC reported, based on an internal PTON management call. Peloton froze hiring in Nov., after more than doubling its headcount to 6,743 employees by the June 30 end of its fiscal year, from 3,281 at the end of its FY20. The company ... Log in to view full article.


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