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Daily Crunch: After slashing 2,800 jobs, Peloton taps former Spotify CFO to replace outgoing CEO



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Hello and welcome to Daily Crunch for Tuesday, February 8, 2022! Today we’re talking layoffs, blockchain infra, a called-off mega-deal, and chip-based national security. It’s a killer group of stories, bringing us around the world and from the earliest stages of startup activity to the top of governance.
A quick reminder before we begin that our podcasts Equity and Found are doing live tapings this year. Equity is up first this Thursday. All the cool kids will be there, so, be cool and come! – Alex
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Peloton CEO steps down, employees fired en masse: After reports broke that Peloton was halting production of its hardware due to falling demand, some sort of reshuffling of the home exerc …

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