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Peloton replaces CEO and lays off 2,800 people

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Re: Peloton replaces CEO and lays off 2,800 people

#101

Post by taylorhou »

no_wizard wrote: post #83
muh_gradle wrote: post #28

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.

Whats interesting to me is that all the big players had Video meeting software that is exactly like Zoom, more or less, pre pandemic, and they were still losing out to Zoom, just at a much slower rate. I recall Zoom pre pandemic was still a profitable business[0][1]. Not the gang busters it was during the pandemic, no, a good, profitable business none the less. So whether Google or Microsoft or Slack can win now is d…

Zoom has done well but the bundling of video conferences by microsoft and google will likely win out in the end. All it takes is a single botched update or more bloat in the software to have others try an included option. My company is on google workspace and quite frankly love the ease of being able to click a button to create and join a meet in next to zero spin up time.

I loathe it when 3rd parties send a damn zoom or teams link cus they always want me to default to using their app that has settings/config issues with my hardware, etc...

Most of the ultra large 10k+ employee companies seem to not mind paying for both though. My wife works at big oil and they use teams internally cus it's included but then use zoom with external cus it's "cool".

Re: Peloton replaces CEO and lays off 2,800 people

#102

Post by rolleiflex »

llampx wrote: post #50
muh_gradle wrote: post #28

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.

Is Zoom here to stay or is video conferencing here to stay? Google Meets and MS Teams are pretty good and built into their respective Office suite products.

Zoom does have product merits of its own, for example, I have hearing loss and uniquely sensitive to voice quality — Zoom has by far the best sound quality across all apps I tried. It remains to be seen if these kinds of advantages will make it stick, because on the other end of the balance lies a giant security risk due to China ties.

Re: Peloton replaces CEO and lays off 2,800 people

#103

Post by tannedNerd »

muh_gradle wrote: post #19
N_A_T_E wrote: post #17

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'm pretty well versed in the fitness industry. Peloton, SoulCycle, Mirror value proposition never made any sense to me. With people going back to the office and gyms opening up again, people will want their normal fitness classes, gyms instead. EDIT: apparently some of you disagree. Change my mind.

Perhaps don’t be so confrontational when people disagree you and you wouldn’t be getting as many downvotes?

But it would be easy to see peloton fitting in with gym classes for people that like to work out everyday but adding 1hr around a gym class to travel and get ready on days that time may not be available

Re: Peloton replaces CEO and lays off 2,800 people

#105

Post by parkingrift »

marricks wrote: post #53
parkingrift wrote: post #45

Earlier quoted context omitted.

Pretty cheap compared to other spin classes or gym memberships.

Apples to oranges comparison, those provide the bike and the space.

You can consider it apples to oranges, but this is the math consumers are doing.

Re: Peloton replaces CEO and lays off 2,800 people

#106

Post by 2OEH8eoCRo0 »

N_A_T_E wrote: post #17

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 don't see it as rent seeking since there are production costs to these classes but $40 is way too high. $2 is more like it.

Re: Peloton replaces CEO and lays off 2,800 people

#107

Post by dehrmann »

N_A_T_E wrote: post #17

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.

Still cheaper than a Soul Cycle class.

Re: Peloton replaces CEO and lays off 2,800 people

#108

Post by Delphiki »

N_A_T_E wrote: post #17

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.

We initially bought a cheaper Schwinn IC4, subscribed to the Peloton app ($12.99/month), and used our 7 year-old iPad to get nearly the same experience (minus the Leaderboard functionality and probably other things). Eventually we wondered why we were even spending $12.99/month on it, as my partner only had a few instructors that she liked, and neither of us could understand, or get behind, the "Peloton culture". We ultimately canceled and now just ride the bike without a class.

Re: Peloton replaces CEO and lays off 2,800 people

#109

Post by ubermonkey »

llampx wrote: post #50
muh_gradle wrote: post #28

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.

Is Zoom here to stay or is video conferencing here to stay? Google Meets and MS Teams are pretty good and built into their respective Office suite products.

I sure hope Zoom goes away; they way they've repeatedly lied about behavior and security just ASTONISHES me, especially since they've experienced zero backlash.

They've got CIOs utterly snowed, which is honestly a huge indictment of CIOs, including and especially those in "government" roles.

Re: Peloton replaces CEO and lays off 2,800 people

#110

Post by jakeinspace »

ivanche wrote: post #86
FinalBriefing wrote: post #42

Earlier quoted context omitted.

It's a lot cheaper than a monthly gym membership, but way more than say, Apple Fitness and others offer. 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.

Waaat? How much is gym membership in the US then if $40 is much cheaper? Edit: Thanks everybody for the explanation. In my head, gym == myself + good ol' iron. It seems that that is cheap in the US as well as in Europe :)

Between $10 and $300/month, depending on how fancy (or crosfitty) you want, and where you’re located. The really expensive gyms near me seem to be heavily populated by very attractive young people, so I guess that’s an ancillary benefit if you care about that. I wonder if they offer hot-person subsidies…
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