Peloton is shedding approximately 400 jobs worldwide as part of a restructuring exercise, and its CEO, Barry McCarthy, is stepping down after two years as the company works to turn around its business. Shares fell approximately 2% in morning trading to $3.16. Peloton has been working on a major rebranding effort since last year, transitioning … Continue reading Peloton Cutting About 400 Jobs Worldwide; CEO McCarthy Stepping Down