Peloton increases staff pay to promote morale and turn around.
Peloton shares fell to an all-time low of $8.73 on Tuesday, down more than 70% year to date. 2,800 jobs were cut after the company’s spending sprogsped out of hand. The company also completed its first pay equity analysis with outside firm Aon. According to internal memos, Peloton improved incentives for employees with one-time cash … Read more