Peloton Bike smart stationary bike
Peloton.
  • Peloton CEO Barry McCarthy is stepping down, the fitness company announced on Thursday.
  • It also said that it was laying off 400 workers, or 15% of its total workforce.
  • After reaching new highs during the pandemic, the company has recalled products, laid off workers, and seen sales and its stock tank.

Peloton CEO Barry McCarthy is stepping down, the fitness company announced on Thursday.

It also said that it was laying off 400 workers, or 15% of its total workforce.