Peloton Co-Founder Steps Down After Rough Ride

Peloton Co-Founder Steps Down After Rough Ride

Assessment

Interactive Video

Business, Professional Development, Other

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The company is undergoing significant changes, with the CEO stepping down to an executive role and Barry McCarthy taking over as CEO and president. In response to declining demand, the company plans to cut 2800 jobs, affecting 20% of corporate positions, though content and instructor roles remain safe. Additionally, technical issues are noted, and fiscal second-quarter results are expected after the stock market closes.

Read more

1 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

Evaluate responses using AI:

OFF