Peloton cuts jobs, raises prices in bid for profitability

Peloton CEO John Foley, left, is seen behind one of his company's fitness machine along with others gathered for the groundbreaking for the company's first U.S. factory, Monday, Aug. 9, 2021, in Luckey, Ohio. (AP Photo/John Seewer) Peloton CEO John Foley, left, is seen behind one of his company's fitness machine along with others gathered for the groundbreaking for the company's first U.S. factory, Monday, Aug. 9, 2021, in Luckey, Ohio. (AP Photo/John Seewer)

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