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Beth Birkett cut her teeth in NYC’s emergent scenes of streetwear and music, connecting the two tangentially related movements in the late 90s. But the toxic misogyny of the industry soured her interest, and sent her to LA to start a family. And a family business: Union LA.
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Product deliveries and support jobs will be outsourced as part of CEO’s turnaround plan.
Mark Gurman
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Peloton Interactive Inc. will embark on a sweeping overhaul that includes cutting nearly 800 jobs, raising prices for its Bike+ and Tread machines, and outsourcing functions such as equipment deliveries and customer service to outside companies.
The changes, which the company disclosed Friday in a memo to employees, also include gradually closing many of its retail showrooms — a process that will get underway next year. It’s the widest-ranging shake-up yet under Chief Executive Officer Barry McCarthy, a tech veteran who took the helm in February.
