# Roommates, a popular training equipment company Peloton I’m having a pretty turbulent week … and for all the wrong reasons. After shocking news that 2,800 workers were fired and the CEO officially resigned, Peloton intended to use a company meeting to welcome a new CEO, but an employee who had just lost his job. Had another plan.
@ABCNews report, Earlier this week Peloton and its former CEO, John Foley, have announced a shocking “staff reduction.” This has reduced employment for 2,800 people worldwide, which is about 20% of corporate staff. Dealing with the layoffs of a large company, Foley said: We appreciate the contributions of our talented colleagues and are committed to supporting the transition of affected team members. However, the layoffs do not include Peloton’s “List of Instructors and the Width and Depth of Their Content.” To relieve the pain, those who were reportedly dismissed were given severance pay, including Peloton’s athletic membership.
Things got worse when Peloton announced new CEO Barry McCarthy and planned to officially welcome him at a team meeting, so the drama surrounding the company isn’t the only one. During the welcome party, dozens of disgruntled ex-employees spammed comments about their unexpected loss of employment, especially during the ongoing COVID-19 pandemic. , Crashed the virtual conference. The meeting was expected to be shortened because the moderators couldn’t control things.
Foley only praised him after McCarthy announced that he would take his position.
“Since we founded Peloton 10 years ago, we’ve grown the brand to motivate and participate in a loyal community of over 6.6 million members. Over the years, like this. We are very proud to have worked with our talented teammates to help build Peloton into its current state. Barry is well-suited to take the company to the next stage of growth. I’m sure I’m a leader. “
Despite being a popular item during the pandemic, Peloton has undergone a noticeable fall since then, as the majority of people chose to continue their fitness journey at home.
Recent stock prices have fallen about 75% since this time last year. In addition, the company has endured a difficult start until 2022, including a net loss of approximately $ 439 million.
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After dismissing about 3,000 workers, Peloton’s recent meeting welcoming the new CEO crashed into a dissatisfied former employee.
Source link After dismissing about 3,000 workers, Peloton’s recent meeting welcoming the new CEO crashed into a dissatisfied former employee.