Peloton co-founders resign amid company shakeup

Peloton co-founders resign amid company shakeup

As exercise demands shifted away from the gym amid pandemic-related shutdowns, Peloton hit heights experienced by precious few tech firms. That made the connected fitness company’s crash down to Earth all the more jarring. In February, co-founder John Foley stepped down as CEO amid a 2,800-person layoff. Spotify CFO Barry McCarthy stepped into the leadership […]

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Peloton starts selling equipment on Amazon in major retail strategy shift

Peloton starts selling equipment on Amazon in major retail strategy shift

It’s not confirmation of a rumored Amazon acquisition, but Peloton this morning confirmed that it has begun selling select equipment and apparel through the retailer. Starting today, Amazon customers can buy select products, including the Peloton bike, set-top Peloton Guide, clothing and branded accessories like shoes and weights, through the official Peloton store. The move […]

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Peloton outsources production of its bikes and treadmills amid struggles

Peloton outsources production of its bikes and treadmills amid struggles

It’s hard not to feel for Peloton’s new leadership. The team has the harrowing task of attempting to right the ship following explosive growth and a subsequent messy crash back down to Earth. The reasons for the home exercise firm’s struggles are numerous, including some overly ambitious plans set at the height of the company’s […]

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