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Peloton sweetens employee pay incentives as it fights to boost morale and stage a turnaround

July 6, 2022

Peloton sweetened incentives for its workers with one-time cash bonuses and changes to its stock compensation plan as it fights to hold onto employees and fix its struggling business, according to internal memos seen by CNBC.

The changes come a little more than five months into Barry McCarthy, a former Spotify and Netflix executive, working to boost the morale at Peloton as part of a turnaround push. CNBC