Report: Amazon Considering Peloton Acquisition as Fitness Company Seeks Profitability
Retail TouchPoints
FEBRUARY 8, 2022
The company is aiming to achieve at least $800 million in annual run-rate cost savings through operating expense efficiencies and margin improvement in its Connected Fitness category. McCarthy will come on board as Peloton seeks to reduce costs and overcome its recent hurdles. million during this period.
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