Peloton: Eye-watering UK losses continue as more jobs cut

The UK arm of Peloton has reported another eye-watering loss as it continued to significantly cut jobs, it has been revealed. The London-headquartered division has posted a pre-tac loss of £94.3m for the 12 months to 30 June, 2024, after having also lost £115.2m in the prior year. The latest loss comes after Peloton UK [...]