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Saturday, nov 30
Tag:
Worker Adjustment and Retraining Notification Act
Business
Peloton To Close Westchester Facility, With 75 Losing Jobs
Peloton has announced plans to shut down some of its facilities and lay off thousands of employees, including some workers in the region. On Tuesday, Feb. 8, the exercise equipment company announced plans to restructure and let go of a total of 2,800 employees globally. CEO John Foley also announced plans to step down. As part of the restructuring, the facility located in the Westchester County city of Mount Vernon will shut down, causing 75 employees to lose their jobs, according to a Worker Adjustment and Retraining Notification Act (WARN) notice posted on Feb. 8. The facility is located…
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