I haven't had any luck yet, and I'm getting discouraged quickly. Any offer I get is low, much lower than what I used to make. I could deal with 10% or 20% less, but I'm being offered half of what I used to make. I'm still not desperate enough to... — read more
Hopefully Andy realizes how toxic and incompetent the Home Depot crowd is and let’s them go.
People are being laid off left and right in our industry. Just look at GoodLife Fitness, they got rid of nearly 500 employees. That's what worries me. So many companies laying off means that not many are hiring right now, which is not good news for... — read more
Warehouse workers sensed the writing on the wall. It was still painful. Laid-off Peloton workers are frustrated that bad business decisions put them in this spot. But mostly they’re sad to lose a solid... — read more
I know some are disappointed that the new CEO is saying a sale is unlikely, but trust me, we dodged a bullet here! I think we'd have lost another 2-3k employees before it was all said and done (that's in addition to the current 2.8k). I'm going to... — read more
Don't expect things to magically turn for the better. If you're smart, you'll start looking for a new job right now. I'm not exaggerating when I say that it's going to be ten times easier for you to find a new job while you already have one. There's... — read more
but did all 2,800 people who are part of the layoffs round get their notifications already? Everybody who's been affected already knows he or she is affected, right? I don't work for Peloton but my brother does and he's been in a lousy mood lately... — read more
I'm one of 2,800 people Peloton just laid off. It felt sudden, cold, and scripted — and I'm still in shock. A leading-edge research firm focused on digital transformation. This as-told-to essay is based on a conversation with a Peloton employee... — read more
Terrible news from Peloton. Luckily I left recently, but I'm thinking about all former colleagues who will be impacted by layoffs. If it means anything to anyone, I thought I wouldn’t be able to find a new job for months, and then very soon after I... — read more
Thank you and good job! It was a pleasure to watch them squirm.
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:... — read more
Just curious. I am with Wells Fargo and we have a lively board here, we also have a CEO that's very much disliked, primiarily because he does not understand how our company works and what's happening in the trenches. Anyhow, why do your employees... — read more
Peloton Layoffs 2022 Spare Instructors Who Make Up $500,000 https://www.bloomberg.com/news/articles/2022-02-08/peloton-instructors-making-up-to-500-000-a-year-escape-cuts
Hey guys, if you are good, you will find a nice job in a heartbeat. Don't feel bad. This was just a job and nothing more. Look for the next one, get your package and stock and start next chapter. It will be good.
https://www.foxbusiness.com/lifestyle/peloton-takeover-amazon-nike-apple-disney-sony Amazon Nike Apple Disney Sony I’m not sure that any of these companies could have an interest in a potential acquisition. Thoughts? — read more
It's good to see that we're not the only ones who are paying for what's been going on in the company. For once, somebody at the top is being held accountable. These have been hard weeks and there will be many more to come but at least this gives me... — read more
Apple could be looking into acquiring Peloton to broaden its fitness initiatives Apple has been putting an emphasis on health care with its products, and now, according to AppleInsider, the company may be looking to further broaden the health... — read more
It’s unfortunate to see the same group of people who decimated Barnes and Noble’s NOOK division decimate yet another company. Foley should have learned his lesson and stayed far, far away from all these folks. William Ly--h, in particular - he... — read more
Why in the world would you give up on severance?
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
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…
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
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.
Anyone hearing anything about layoffs coming out of HQ this week?
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
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
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
brought us all into big groups and fired us
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.
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
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
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
not sure if it's layoffs, but a lot of instructors seem to be leaving this week.
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.
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.