After cashing out hundreds of millions of dollars in stock, Peloton executives plan to cut staff and close stores to make up for their past mistakes.
Some of the laid-off employees had been with the company for five years—a situation that left people feeling “angry” and “blindsided."
The company maintained a sunny social media presence while instituting the changes, which have not been publicly announced.
Court documents reveal how the two spin bike companies went from potential partners to hated rivals.
The New York-founded spin class giant has opened a second branch in London. I went down to explore how it's winning over cynical Brits.
I feel conflicted paying so much money for 45-minute exercise classes at SoulCycle and Pure Barre—all in the hopes of sculpting an ideal body. Here's why I keep going back and how I deal with the guilt.
Businesses run by women get just two percent of all venture dollars in the US. These founders and investors are working to change that.
I took the high-intensity spin class that promises to change your life as well as your body.