"We feel good about right-sizing our production," Peloton CEO John Foley told employees in a letter late Thursday.
CEO John Foley earlier denied reports that Peloton is pausing production of all new bikes and treads but said it is "right-sizing" production levels.
Peloton CEO and founder John Foley sent an email to all staff denying — contrary to press reports — that it was pausing production on new equipment.
"Morale is at an all-time low. The company is spinning out so fast," an anonymous Peloton employee told CNBC.
The connected-fitness company is reportedly pausing the manufacture of its main products as the it aims to manage costs in the face of sagging sales.
Delivery and setup were previously free with the purchase of Peloton hardware, but customers will have to pay separately from January 31.
The swap between Peloton and Old Dominion sums up the ongoing rotation in the stock market out of growth and into value.
Mobility exercise can improve range of motion for more effective exercise, quicker recovery, and lower risk of injury, Peloton's Jess Sims said.
Peloton instructor Jess Sims told Insider push-ups and single-leg deadlifts help to build strength, prevent injury, and improve running.
Amazon, Google, Microsoft, GM, P&G, TikTok, and more have already pulled out of to attend CES 2022 in person.
You can connect AirPods to Peloton exercise equipment through Bluetooth. To start, tap Bluetooth Audio in the Peloton's Settings menu.
Two women told The Hollywood Reporter that Noth had sexually assaulted them in 2004 and in 2015 — allegations that the 67-year-old has denied.
Peloton's ad spot was produced in less than 48 hours following a controversial episode of the "Sex and the City" spinoff.
Robin Arzón shared on Instagram that she rewore the two-piece Reem Acra dress she had originally worn as her second look at her 2019 wedding.
The suit alleges that Peloton produced "knock-offs" of Lululemon's design patents with several products from its new Peloton Apparel line.
Peloton launched its own private-label clothing line in September, and Lululemon claims that some of the products infringe on its designs parents.
Little is known about the new COVID strain emerging in Africa. That hasn't stopped traders from betting big on lockdowns and a return to telework.