https://www.businessinsider.com/peloton-timeline-production-pause-layoffs-price-hikes-2022-1
Don't leave on your own
Why in the world would you give up on severance?
I want to thank the person who leaked that audio
This helped many of us make the decision we've been thinking about for a while and it helped show the world just what kind of people lead this company. I will leave on my own terms and I'll be prepared thanks to this. So whoever you are kind... — read more
Farewell
I will be putting in my notice, it makes no sense to stick around anymore. The whole thing has been handled poorly and we have been lied to, big time. I am sure many will do the same, the shock and disappointment is palpable. Nothing else to add…
leaked audio, Peloton execs discuss plans to lay off 41% of the sales and marketing staff
https://www.msn.com/en-us/money/companies/in-leaked-audio-peloton-execs-discuss-plans-to-lay-off-41-25-of-the-sales-and-marketing-staff-and-stripping-out-low-performers-in-e-commerce/ar-AASUBWo I'm so angry at the management here, I'm ready to quit... — read more
Production Stopped!
This is prime time, if production stopped.. its over. It's not like things will get better with RTO. Our management is such a failure. They sold out for millions and basically ran.
Insider Trading, Oh No!
https://www.nbcnews.com/business/business-news/peloton-insiders-sold-nearly-500-million-stock-big-drop-rcna12741
Layoffs
Anyone hearing anything about layoffs coming out of HQ this week?
Who will do the work?
With a hiring freeze in place and now the layoffs, I'm wondering who they think will do all the work that needs to be done? We were understaffed at my team before the latest cuts, now it's even worse. There is only so much we can take as they keep... — read more
You'll be okay
I left Peloton a year ago when I realized it was morphing into the type of company I had no intention of working for - the one where greed trumps everything else. When I heard about the layoffs, I knew I was right to walk away when I did. But here's... — read more
You need to be especially heartless to do something like this
I know there's never a good time for layoffs, but it says something about a company that out of all the bad options chooses the worst possible one. In the middle of the holiday season, a few weeks ahead of Christmas. Was there nobody involved in this... — read more
Huge layoff of peloton employees just before the holidays
brought us all into big groups and fired us
Peloton recalling all treadmills!!
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html Very smart move. Short term hit to the stock, long term though we will recover and do very well.
Is it worth staying in this company?
My post was deleted, probably because I mentioned someone's name. Nevermind, it seems to me that this company has no vision and I started looking for similar jobs in other companies. I don't think there's any reason to stay here anymore. I am feeling... — read more
Start looking ASAP - this company is going out of business very soon, watch this video
https://nypost.com/2021/04/18/child-dragged-under-peloton-treadmill-in-terrifying-video/ Watch the video. Which one of our stupid engineers designed the treadmill so kids could get dragged under like that. Our management team is even dumber... — read more
Peloton Stock Jumps As Precor Acquisition Could Be A Game-Changer
Personally, I don't care about the stock. I'd like to know if this could mean layoffs for us in the near future? Any insights? Peloton Interactive (PTON) could expand its customer base and product offerings with its purchase of fitness equipment... — read more
Lot's of instructors leaving?
not sure if it's layoffs, but a lot of instructors seem to be leaving this week.
Outcome
Most likely outcome for Peloton... It gets bought by private equity, which has been doing "wellness & fitness" for decades. Then it goes broke. And gets sold to another private equity firm. Then it gets sold to another private equity firm.
False layoff rumors (Peloton 2018)
There are rumors flying about store closures and layoffs at Peloton. This is not accurate and people should stay calm - we are doing just fine.