Peloton to Cut 800 Jobs, Hike Prices and Shut Stores in Sweeping Overhaul

Barry McCarthy, Peloton’s CEO's email:

https://www.bloomberg.com/news/articles/2022-08-12/read-the-...

Isn't it the second or third round if layoffs? Great concept and loved my peloton during the worst of covid, sad to see what is happening.