Peloton founder sunk by over-optimism
Shares in home fitness company have fallen 97 per cent from their peak
Peloton
Peloton chair and co-founder John Foley resigns
Two other executives step down from connected fitness company in management shake-up
Peloton to cut 800 jobs, raise prices and shut stores in sweeping overhaul
Investors cheer moves to invigorate sales and boost efficiency at humbled pandemic champion
Ireland’s nine billionaires increased collective wealth by €10.8bn last year
Stripe founders’ gains recognised on Forbes list of 2,668 people in ‘three comma club’
Beyond parody? Rees-Mogg hunts for ‘Brexit opportunities and government efficiency’
Planet Business: Brexiteer’s new gig; crypto crime; and a bitter-sweet subscription
Peloton CEO steps aside as 2,800 lose jobs
Co-founder John Foley admits business scaled up too fast during pandemic
Celebrity NFT bores, Peloton’s new drama woes and Joe Biden v Fox’s Peter Doocy
Planet Business: A week of sarcasm and close shaves
Crowdfunding: will Central Bank oversight help or hinder sector?
Experts hope it will help Ireland catch up with UK – but the model will always be risky
Peloton planning review of workforce size and production changes
Shares closed down 24% on Thursday, wiping off nearly $2.5bn in market valuation
Stocktake: High-priced stocks may have some way to fall
Firms such as Robinhood, Beyond Meat and Zillow have lost over 70% of value
And Just Like That star Chris Noth accused of sexual assault by two women
The Sex and the City actor rejects accusations and says encounters were consensual
A shocking death and a ‘tarnished brand’: Could Peloton sue over its And Just Like That appearance?
The exercise-bike maker was blindsided by the Sex and the City sequel. It’s fighting back
Peloton weighs plan for up to 700 workers in Cork
Digital fitness company seeks proposals for up to 70,000sq ft of office space in the city
Productboard to open Dublin office after raising $72m
Czech tech company to create more than 100 jobs across its operations this year
D8 pad sets the pace with a Peloton bike thrown in for €475k
Redesigned first-floor apartment also has access to gym and swimming pool
Peloton advert a metaphor for pressure on middle-class women
Allegedly sexist commercial unwittingly reveals phenomena far worse than the offence
Peloton ad has more than one problem
Criticised for being sexist, the US exercise bike ad carries further troubling messages
YOU MAY ALSO LIKE...
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Election 2024
Full general election coverage including analysis and results for all 43 constituencies
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices