1. Corporate Strategy

Peloton shares up after CEO says it must ‘right-size’ production levels, consider layoffs

Written by Posted on Less than 0 min read

Peloton said it’s resetting its production levels and considering layoffs in order to make its business more “flexible.”

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!
No Comments
Leave a comment Cancel
Comments to: Peloton shares up after CEO says it must ‘right-size’ production levels, consider layoffs

More from CNBC

  1. ESG

Walmart’s chief merchandising officer to depart as retailer navigates tough sales environment

[[“value”:”Redfield oversaw relationships with suppliers and the company’s strategy across categories from food to general merchandise.”]]  View Original Article Dept. Grocery Strategy Merchandising Sustainability Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Uncategorized

Lucid, Activision, EA, Uber: Here’s where Saudi Arabia’s sovereign wealth fund has invested

​[[“value”:”The largest public market bets by Saudi Arabia’s secretive PIF include experiential-focused firms such as Live Nation, and gaming bets such as Electronic Arts.”]]  View Original Article Gaming CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Trends & External Forces

French court slashes Apple antitrust fine in blow to European regulators

A French court lowered a record 1.1 billion antitrust fine on Apple to 371.6 million euros, roughly a third the value of the original penalty. View Original Article Legal & Criminal Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Channel: Restaurants

Popeyes expands its popular chicken sandwich lineup with a new blackened option

​[[“value”:”Popeyes is leaning on the popularity of its chicken sandwich to draw in customers.”]]  View Original Article Dept. Fresh Prepared Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Associates & Employees

Workers at NYC Starbucks and Amazon Go store file petition to unionize

Workers at the Starbucks and Amazon Go store in midtown Manhattan filed a petition for a union election on Friday. View Original Article Restaurants Associates Amazon Government CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Uncategorized

We were mostly buyers during this turbulent week for stocks. Here’s a recap of all our trades

After raising cash in recent weeks, we put money to work as a Fed-related sell-off tipped the market into oversold conditions. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Technology & Innovation

Ralph Lauren CEO says metaverse is way to tap into younger generation of shoppers

Ralph Lauren CEO Patrice Louvet said participating in the virtual world extends the brand’s reach and creates new money-making opportunities. View Original Article Metaverse Trends: Tech Executives Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Shopper & Customer

‘Stop the price-gouging’: Biden hits corporations over high consumer costs

​ ​  ​[[“value”:”Big business and junk fees prove easy targets for the White House in the inflation blame game.”]]  View Original Article Consumers Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Shopper & Customer

Macy’s CFO says the American consumer is still healthy, but lower-income shoppers could soon cut back

“We’re seeing oil prices escalate, which will only elevate the expenses around essential goods,” said Macy’s CFO Adrian Mitchell. View Original Article Dept. Fuel Executives Consumers Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Associates & Employees

Bernie Sanders grills ex-Starbucks CEO Howard Schultz about alleged union busting

​   ​  [[“value”:”Starbucks Workers United has filed more than 500 complaints of unfair labor practices against the coffee chain.”]]    View Original Article Associates Dept. Beverage Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Restaurants

Olive Garden’s parent company Darden beats earnings estimates as sales jump

Olive Garden’s parent company issued a mixed forecast for fiscal 2023 as it prepares to face inflation and economic uncertainty. View Original Article Restaurants Predictions and Forecasts Results & Investment Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Uncategorized

Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer

​The Watches of Switzerland Group lost a quarter of its value on Friday after luxury watchmaker Rolex announced a deal to buy watch retailer Bucherer.  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Uncategorized

In this fast-paced bull market, we’re increasing our Club price targets on 4 stocks

It seems like some of these names are smashing through our six-to-nine-month price targets every few weeks. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Channel: Restaurants

Here’s a map of Starbucks stores that voted to unionize

Friday marks the one-year anniversary of Starbucks Workers United’s first win, in Buffalo, New York. View Original Article Associates Brick and Mortar Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle price hikes drive profit growth – and the chain says more increases are coming

Chipotle shares have fallen 25% this year, dragging its market value down to $37.16 billion. View Original Article Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Trends & External Forces

Jim Cramer says this sportswear business is ‘smoking hot,’ despite currency headwinds

​[[“value”:”Cramer shrugged off foreign-exchange headwinds facing On Holding, instead focusing on underlying growth trends in the business.”]]  View Original Article Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Trends & External Forces

The plant-based food industry is facing a reset as Beyond Meat and Oatly shares suffer

Shares of Beyond Meat and Oatly have shed more than half their value this year. View Original Article Trends: Food and Beverage Dept. Fresh Dept. Grocery Health & Wellness CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Trends & External Forces

Best Buy will set up in-home hospital care through a new deal with Atrium Health

​   ​  [[“value”:”The retailer is expanding its health-care business as sales of other consumer electronics slow.”]]    View Original Article Health & Wellness Dept. Nonfood Best Buy Dept. Consumer Electronics Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Holiday & Events

Kohl’s reports light sales for the holiday quarter, issues upbeat guidance

CEO Michelle Gass said Kohl’s achieved an operating margin of 8.6% two years ahead of schedule. View Original Article Executives Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Data & Insights

Walmart’s hiring and wage pressures have eased, CEO says

​ Walmart CEO Doug McMillon also said artificial intelligence is changing employees’ roles across stores and in warehouses. View Original Article Editor's Choice Associates Walmart AI Executives Brick and Mortar Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
Next