Restructuring Plan to Slash Peloton Expenses Sparks Acquisition Frenzy – $200 Million in Savings by 2025!
San Francisco, CA – Peloton, the popular fitness equipment company, is facing potential buyout offers as firms focus on reducing its operating expenses to make a deal more appealing. The company recently announced a restructuring plan that aims to cut its annual expenses by over $200 million by the end of fiscal 2025. Following the news of the restructuring plan, Peloton’s stock price surged by more than 17% in premarket trading. Despite the excitement surrounding …