Until not much is left, I guess. One major restructuring with a clear idea might have had a chance. These endless, aimless cuts are just leading nowhere.

Peloton Interactive Inc., the long-struggling fitness technology company, slashed 11% of its workforce in a cost-cutting move, according to a person with knowledge of the... — read more 

https://www.aol.com/peloton-beats-expectations-announces-further-212747746.html Peloton shares rose after the company reported surprise quarterly earnings, driven by higher sales and cost-cutting measures, while announcing it will lay off 6% of its... — read more 

Peloton beat Wall Street’s expectations on the top and bottom lines, delivering a surprise profit that came in well ahead of forecasts. The connected fitness company said it’s introducing another cost-cutting plan to save $100 million in... — read more 

Shares of Peloton Interactive (PTON) reversed course and turned lower Thursday after the connected fitness company swung to a surprise fiscal fourth-quarter profit and announced a restructuring plan that includes... — read more 

https://www.thedailybeast.com/mr-peloton-john-foley-i-lost-all-my-money-so-now-ive-turned-to-rugs/

Stay away from this place. They have people in place to literally come in to fire people who are actually working. Texas market is the worst. It's the dingy box braid wigs for me. The reality is they hate people that look like them that really can do... — read more 

Peloton is closing its Walnut Creek store as the bike maker continues to cut costs and shrink its workforce. The company said in a California filing that six workers at the store will be laid off by February 2024 and the showroom at 1245 Broadway... — read more 

The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more 

Can somebody please explain to me why is Peloton hiring recruiters after we lost so many people to cuts in the last year or so? I thought we had those cuts for a reason, so why would we start not only hiring but hiring people whose sole job is to... — read more 

Before the cuts started, we had well over 8k employees. After the merciless cuts in the past months, do we know how many are left? I know more than half are gone, so that number is most likely not over 4k. My guess is it's even lower than that. Now... — read more 

Peloton, the at-home exercise company that took off during the pandemic, is cutting roughly 500 employees in its fourth round of layoffs this year, CEO Barry McCarth said Thursday, making it the latest company to reassess its headcount as employers... — read more 

Peloton is turning into a joke! Is there a race to see which company can have the most layoffs in one year that I don't know about? If there is, I guess we're the best at something! I'm so mad right now. How about we get rid of the entire leadership?... — read more 

https://www.nytimes.com/2022/08/25/business/peloton-earnings-4q-2022.html If you thought things were ugly now, I think they're about to get even uglier...

Are we ever going to come to a point where we'll have job security once again? Or if not job security, where we'll know that we're safe for the next year, at least? Having nonstop layoffs that are getting rid of a significant portion of the workforce... — read more 

I'm one of the 800 Peloton employees losing their jobs. After massive layoffs in February, I've spent every day of the last 6 months wondering which shift would be my last — now I... — read more 

Here comes the next round of job cuts this year. Terrible. I regret not leaving earlier. Does anyone have more detailed insights on who will be the targets this time? Also, do you think that the number of affected will exceed 800?

What do you think, will there be more layoffs soon?

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 

https://www.linkedin.com/news/story/peloton-employees-talk-layoffs-4673537/

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 

https://www.wsj.com/articles/laid-off-peloton-staffers-take-to-social-media-in-new-job-hunt-11644428026

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.cbc.ca/news/business/peloton-ceo-john-foley-1.6343537

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