Peloton replaces CEO and lays off 2,800 people
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Re: Peloton replaces CEO and lays off 2,800 people
#2Peloton employed 2,800 people? Doing what?
Re: Peloton replaces CEO and lays off 2,800 people
#3They had 2800 employees?! Why? Their product is a home bike with a screen. Plus some developers and their TV crews, I don't see how you can get to such a number
Re: Peloton replaces CEO and lays off 2,800 people
#4> Peloton announced Tuesday that it was cutting 2,800 jobs, including approximately 20 per cent of corporate jobs at the New York City company
According to the article it sounds like they had ~14,000 employees
Edit: I misread. 20% of corporate jobs were cut which contributed to the 2800 number
Re: Peloton replaces CEO and lays off 2,800 people
#5Peloton employed 2,800 people? Doing what?
Sales and marketing.
Re: Peloton replaces CEO and lays off 2,800 people
#6Peloton employed 2,800 people? Doing what?
Doing things that don't scale.
Re: Peloton replaces CEO and lays off 2,800 people
#7They had 2800 employees?! Why? Their product is a home bike with a screen. Plus some developers and their TV crews, I don't see how you can get to such a number
they do (did?) also have showrooms. customer service staff. who knows if they did their own assembling or final product qa. they certainly weren't running your average SaaS service.
i'm not _too_ surprised about 2800 people. i'm surprised there's anyone left afterwards.
Re: Peloton replaces CEO and lays off 2,800 people
#8I believe they had install crews to go around and set up their bikes in people's homes. This had to be a lot of employees right there.
Re: Peloton replaces CEO and lays off 2,800 people
#9> Peloton announced Tuesday that it was cutting 2,800 jobs, including approximately 20 per cent of corporate jobs at the New York City company According to the article it sounds like they had ~14,000 employees Edit: I misread. 20% of corporate jobs were cut which contributed to the 2800 number
Or 20% of just the corporate and 100% of everybody else.
They’re still a small company.
Re: Peloton replaces CEO and lays off 2,800 people
#10Peloton employed 2,800 people? Doing what?
That's 20% of the workforce so they still employ over 10,000. (Edit: This is incorrect -- see reply below!)
Based on a quick scan of glassdoor, I'd guess most of the people are in sales, customer support, bike repair/delivery, etc.