The Drum's Daily Briefing: Peloton's uphill struggle, Guardian job cuts & Nokia revamp
Briefly

Peloton loses CEO, slashes workforce due to post-pandemic slump despite prior pandemic sales boom. Revisions made to business approach as profits dwindle.
The Guardian faces advertising revenue decline, initiates cost-cutting measures by offering voluntary redundancies. Shifting focus to reader funding to reduce reliance on advertising.
Read at The Drum
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