Three months after Blue Owl Capital Inc. shelved a merger between two private credit funds, it has found a different way to provide investors with promised liquidity – selling loans. Image: Cherry Lin / Unsplash Source: Bloomberg
Peloton said on Friday that it’s cutting around 11 percent of its staff, mostly impacting “engineers working on technology and enterprise-related efforts,” reports Bloomberg. Last August, Peloton laid off six percent of its workforce and told investors it would continue layoffs globally in 2026, in an attempt to cut at least $100 million of annual…
