Thread regarding Peloton layoffs

Check out Glassdoor reivews for Peloton and you'll know where the problems came from

Here are some things that I've found on Glassdoor as it relates to 'improvements needed' or 'Cons" - there is about three dozen entries here and I just covered last few days. If you drill deeper there is more negative reviews. Here it goes:

Corporate/Tech:

  • Low equity
  • Poorly performing stock
  • Tumultuous environment
  • Very disorganized and leadership lacked direction
  • Mismanaged, expanded too fast and had some hardships between recalls and other outside factors. Made it a hard place to feel like there was a future at.
  • Internal communication is not where it needs to be yet. Normal for a maturing company.
  • Everyone is so concerned with becoming a higher level, that one is actually doing the work. Majority of people are the those that couldn’t make manager/director at larger companies so come here for the Resume bump. Decisions are made in a vacuum and if ICs present differently than “exec” biased opinion they are belittled publicly in large meeting forums. Avoid this workplace at all costs.
  • Clean house at the top. Remove the dinosaurs from the Book and Auto industry and hire folks that understand how overseas manufacturing works.
  • Work live balance is hard sometimes.
  • Lots of restructuring going on
  • I wish the company allows their employees to work from home for good. Work life and balance in inside sales could be a lot better and more consistent rather than the schedule being all over the place but I’m sure they have a reason for it.
  • My advice would be to know each individual in the team and work with them and what they want ( e.g work life/ balance, maybe more pay for exceeding goals and metrics, other request they may have) as long as it is under your control so that talented employees don’t leave the company.

Sales

  • Work life balances bad
  • Hard to get holidays
  • Not much growth, work in a mall
  • Unorganized
  • No real flexibility in your work schedule
  • Early hours and heavy lifting
  • Management, management, management, lack of support
  • play favourites
  • competitive work environment
  • commission is paid end of month
  • Dishonesty, takes advantage, no growth opportunities
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| 1501 views | | 1 reply (February 9, 2022) | Reply
Post ID: @OP+1fdM8qDr

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Bring in executive leadership who know how to navigate a company at this stage. It's great in theory to have co-founders still so involved, but if they don't know what they're doing it's time to find a team that does. Also - hire a new Comms/PR team. All the negative press recently is having a direct impact on your employees' livelihoods. Lastly, pay your employees equally if they are doing the same role.

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