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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

#171

Post by Ancapistani »

mediaman wrote: post #97
KittenInABox wrote: post #65

Earlier quoted context omitted.

I also prefer google meets, specifically because its live transcription imo beats out zoom's. This is useful/important for people that can have disabilities which involve speech processing. (eg. I know of people with ADHD or autism who would need to request something be repeated simply because the brain didn't process the sounds as speech the first time or something similar, when this isn't a problem when reading tex…

Interesting. I wonder if this is a problem for some people in-person, as well, or if the video specifically causes the speech to not get processed right the first time around. If it's a problem in both environments I could see remote work with closed captioning being a big benefit for people with certain types of neurodivergence.

It’s definitely a problem in person.

It’s a bit easier to resolve because there’s more context/body language available, but I still often ask people to repeat themselves. Sometimes overtly, sometimes by restating the portion of what they said that I understood and prodding them to elaborate so I can implicitly fill in the missing pieces.

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

#172

Post by curiousllama »

outworlder wrote: post #158

> Barry McCarthy, who served as CFO at Spotify as well as at Netflix, will take over as CEO, the company said Tuesday. A bean counter at the helm? Ok, they are done.

To be fair, their failings were almost entirely a result of bad financial projections, resulting in an unstable balance sheet for an otherwise-solid business

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

#173

Post by cbm-vic-20 »

Anecdotally, it appears that Zwift usage is still growing. It's more race and social oriented than Peleton, and less of a "spin class simulator", but it's only $15/mo and doesn't require as much of an up-front equipment investment.

I think Peleton believed too much of their own BS and flew too close to the sun.

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

#174

Post by Ancapistani »

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…

> I'm still mind boggled that Slack didn't capitalize on video meetings, they had all the technology and know-how, however execution matters like anything else, and I don't think they've been able to entirely execute on adding strong robust video offering to their core product.

I find that I’m using Slack’s “Hangout” features more and more often, especially for ad-hoc 1:1 meetings.

Intentionally or not, they seem to be taking an approach that allows them to embed themselves more deeply into work culture one piece at a time.

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

#175

Post by davidw »

blululu wrote: post #130
davidw wrote: post #115

Earlier quoted context omitted.

IDK, with Google seemingly doing their best to wreck their own video stuff, I think we're stuck with Zoom.

Not sure what you’re talking about. My work has been using Google meets and I would strongly disagree here. Google hangouts has been relatively fast (by Google standards) at adapting to the market needs and improving its features. It also runs in the browser which is a lot nicer than zoom’s dark patterns to install dubious executables or deal with a crappy webrtc interface.

Google's video products used to be better, and better integrated. I used to use it to call my mom. Now I have to send her an email with a link to click instead of just initiating a video call. And they keep changing the names of all of it. The underlying video technology is perfectly fine, it's all the other stuff around it that's a complete train wreck.

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

#177

Post by ako »

llampx wrote: post #72
ramesh31 wrote: post #67

Earlier quoted context omitted.

>Is Zoom here to stay or is video conferencing here to stay? I think Zoom is here to stay at the enterprise level. Video conferencing was always a niche product until the pandemic. It was a big business, but never quite large enough to experience network effects. Now that it's a mainstream part of most people's lives, that has all changed. Zoom was in the right place at the right time to capture that, and it's going…

In Europe I haven't come across a business using Zoom instead of Google Meets or MS Teams, or even gathertown as someone else mentioned. Mostly because they already have licenses for Office or G-Suite. Is it a US thing?

Europe here, Netherlands actually: developers mostly using and preferring Zoom, rest of the organization using Teams.

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

#178

Post by astura »

thebigman433 wrote: post #134
ivanche wrote: post #86

Earlier quoted context omitted.

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 :)

Gym memberships range from 10$ to hundreds, but the big thing is the class price. If you want to do classes on bikes/dancing/yoga/whatever, they are usually an absolute minimum of 10$/each, which is what makes the Peloton monthly attractive for people I think

A decade ago I paid $35/month for unlimited classes at my gym. I could only attend maximum of 2/week due to scheduling (I wasn't interested in every class). I thought that was an excellent deal back then.

So I can really see the appeal.

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

#179

Post by throwawayboise »

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…

It was not exactly like Zoom. Zoom was/is the smoothest experience for participants, especially participants who are not in video conferences regularly.

Before Zoom, it was always 10-15 minutes at the start of each meeting getting people online, able to see and hear, resolving questions, calling them out of band on the phone to walk them through getting started. Most of that didn't happen with Zoom.

I hate online video conferences, but Zoom is the least bad experience of the ones I've used.

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

#180

Post by maxclark »

RHSeeger wrote: post #147
llampx wrote: post #50

Earlier quoted context omitted.

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.

Every time I see I have a meeting with MS Teams, I get annoyed. - Most of the time, people don't setup a dialin number, so I can't use my phone - There's no way to display both the attendees list and the chat at the same time Those are two examples of things that just cause it to be an "also ran" in my mind. It's just missing a lot of the "nice to have" features; much the way Zoom did when it was first release... it…

Dial in numbers are an additional $4/month cost for Teams - it's not that the person didn't include it, company likely didn't pay for it.
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