Here’s how much money you’d have lost if you invested $1,000 in Peloton when it went public

From a CEO change to announcing staff layoffs, it’s been a bumpy couple of days for Peloton.

On Thursday, Peloton announced it is laying off 15% of its global staff, which will affect around 400 employees. The company also plans to continue to close retail showrooms in an effort to “align the company’s cost structure with the current size of its business,” according to the May 2 announcement.