Peloton Apologizes to 2,800 Laid-Off Workers With Free Memberships

Peloton, the fitness and technology company, announced Tuesday that it was laying off 2,800 people as it attempts to right the ship following a string of controversies and corporate missteps that led to production stoppages, price increases, and a plunging share price.  As part of the severance package, the company said, it would offer...