Description: The fitness company is now a year into an aggressive turnaround plan under CEO Barry McCarthy that has altered the company’s identity.
Source: CNBC.com
Date: Feb 19, 2023
Link: https://www.cnbc.com/2023/02/19/peloton-rise-fall-attempted-comeback.html
Questions for discussion:
- Summarize the turnaround effort at the firm and the directions management is now pointing towards.
- Do you think the revised orientation and plan will succeed?
- What would you advise at this time?