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Peloton to slash 2,800 roles as part of restructure

It noted that the redundancies will happen across nearly all business operations in a bid to streamline reporting structures and ‘create clearer lines of accountability’

Peloton has announced that it is set to slash around 2,800 roles as part of a series of measures to “position the business for long-term growth while establishing a clear path to consistent profitability”. 

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