US EditionPeloton: Eye-watering UK losses continue as more jobs cut
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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 had lost £173.7m in the year to June 2022. New accounts filed with Companies House also show the firm’s headcount reduced from 4…
·London, United Kingdom
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