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But Peloton appeals to a particular demographic — affluent suburbanites with enough space and income to park a 135-pound stationary bike somewhere in their house — and the ad captured that ...
Peloton CEO steps down amid more layoffs It's déjà vu for the luxury fitness company: Peloton is cutting about 400 more jobs, and its CEO is stepping down just two years after a major shakeup.
Peloton Interactive Inc. is cutting approximately 500 jobs, or about 12% of its workforce, the company announced Thursday. The move arrived as the high-end exercise equipment maker continues its ...
Peloton launched its own secondary marketplace, Repowered, to get a slice of the burgeoning resale market for connected fitness equipment. Beginning Tuesday, people can list their equipment and ...
Peloton also announced it is cutting 15% of its staff — or 400 employees — as it tries to trim costs. The job cuts mark the fifth time Peloton has reduced its headcount since the company ...
Peloton is recalling more than 2 million of its exercise bikes because the bike’s seat post assembly can break during use, posing fall and injury hazards.. The recall includes approximately 2.2 ...