peloton
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Peloton Brings Its App to Android Smartwatches
It took a while, but the Peloton app is finally available for Android smartwatches. If you’re sporting the Pixel Watch or Samsung Galaxy Watch 4/5 and are a Peloton subscriber, check the Play Store to install it.
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Peloton’s Motion-Tracking Coaching Camera Is Finally Available and Slightly More Affordable
Although Peloton already puts cameras in its exercise bikes and treadmills, the new Peloton Guide, which is finally available after being first announced in November, is the company’s first camera-specific device that uses AI-powered motion tracking to monitor your form and routines while you work out from home.
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Peloton to Replace CEO as It Goes Full Damage-Control Mode
Peloton will replace its CEO, cut about 2,800 jobs, and revamp its leadership team as the company faces declining demand for its exercise equipment. The layoffs account for around 20% of the corporate workforce but will not affect instructors or content.
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Peloton Is Spinning Out of Control
After enjoying rapid growth during the pandemic, which boosted sales of its at-home exercise equipment, Peloton is now careening off the rails. Internal documents obtained by CNBC suggest Peloton will soon take drastic measures to control costs and account for declining demand.