41–50 of 353 posts
Is it just me or is $40 a month too much for the content they provide? I would spend a couple thousand on fancy exercise equipment, or maybe get one as a gift for my parents but the required subscription gives me rent seeking vibes.
Is it just me or is $40 a month too much for the content they provide? I would spend a couple thousand on fancy exercise equipment, or maybe get one as a gift for my parents but the required subscription gives me rent seeking vibes.
Having not used their software or hardware, I'd assume that for people purchasing a really expensive bike, $40/mo isn't bad. Still...it feels steep.
Earlier quoted context omitted.
All your comment really shows is how little you know about how many people it takes to run a large business, and that you don't really understand what Peleton do. Peleton design and manufacture their own equipment, they ship it globally, they have their own buyers and supply chains for that, They also build the tech that runs their business, from the customer portal to the video integration in the products. They make…
Will they still be able to do what they do with 2800 fewer people? If so, what does that say?
It's more likely that they'll do all the things they planned, but slower.
Or they're ramp up the amount of work the remaining staff have to do.
Or they'll cancel some things that would have happened without the reduction in headcount.
I have no idea. I don't work for Peleton. I do work for a large, global company that makes things though, and I do see how the manufacturing things, legal things, digital things (me!), retail things, support things, and admin things all come together and require a lot of work from a lot of people.
Is it just me or is $40 a month too much for the content they provide? I would spend a couple thousand on fancy exercise equipment, or maybe get one as a gift for my parents but the required subscription gives me rent seeking vibes.
Is it just me or is $40 a month too much for the content they provide? I would spend a couple thousand on fancy exercise equipment, or maybe get one as a gift for my parents but the required subscription gives me rent seeking vibes.
I 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.
Earlier quoted context omitted.
Zoom is most definitely here to stay. I am confident that remote work culture will continue to be a part of normal working culture going forward. There's too many advantages for both labor and businesses to keep remote work alive.
> Zoom is most definitely here to stay. I am confident that remote work culture will continue to be a part of normal working culture going forward. I'm with you on the second statement. I don't see the first immutably flowing from it. Zoom is dominant, but switching costs are small and their competitors are well capitalized and eagerly assaulting its fortress. Add to that their geopolitical vulnerability and their lo…
Is it just me or is $40 a month too much for the content they provide? I would spend a couple thousand on fancy exercise equipment, or maybe get one as a gift for my parents but the required subscription gives me rent seeking vibes.
If you HAVE to stay inside for bad weather or something get a trainer for that bike. There are several youtube channels/patreon channels that film their mountain-biking/road biking and you can put those on and feel like you're riding along if you need that aspect.
I feel like the type of people that fall for these electronic gadgets typically don't like exercising and are hoping they'll somehow get more motivated with digital content. Invariably, after a few months they quit using it just like every other exercise program they've started.
> 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
I think we’re starting to see a bit of “post pandemic” economic factors and that explains some of the shake up on Wall Street as of late. I always felt this about Peloton more than anything though, that it was not going to be able to sustain growth numbers as the pandemic when either of these came to pass: 1) ended officially 2) waned on to the point that it became "normalized" in how to handle day to day activities…
Zoom is most definitely here to stay. I am confident that remote work culture will continue to be a part of normal working culture going forward. There's too many advantages for both labor and businesses to keep remote work alive.