Peloton Bankruptcy Is Looming, Hires McKinsey for Help

Peloton is working with management consulting group McKinsey & Co. to review its cost structure and potentially eliminate some jobs, CNBC has learned. The possible job cuts were discussed in a recent call with members of Peloton’s management team, according to a recording obtained by CNBC. The apparel division, which … Continue reading Peloton Bankruptcy Is Looming, Hires McKinsey for Help