Fitness tech firm Peloton has announced it is cutting 500 jobs – 12% of its employees – in its latest round of layoffs.
Tag: Fitness
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Muze taps Spotify to make personalised playlists for workouts
It’s a buzzy area for the music industry: the intersection of music and fitness.
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Apple Fitness+ users soon won’t need to own an Apple Watch
Apple held its latest product launch event last night, with new iPhones, Apple Watches and AirPods Pro earphones.
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Peloton has a new partner for hardware sales: Amazon
The company has begun selling its exercise bike and strength-focused Guide device on Amazon in the US.
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Peloton and Calm reveal plans for layoffs as they cut costs
Both are enduring some challenging times in 2022, as represented by their latest plans to cut their workforces.
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Peloton’s ‘All For One’ music festival returns for 2022
2022 has been a bit of a bumpy year for Peloton as a business, but the fitness-tech firm’s commitment to music is undimmed.
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Cypress Hill sue Peloton over “unlicensed use” of music
Peloton has had a rocky year or so: shares in the Fitness startup are down by 95% from their all-time high, and it’s made dramatic changes: outsourcing manufacturing, and focusing on expanding its product range and the classes that made its name.
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VR fitness app Supernatural debuts artist workouts
The monthly ‘Supernatural Artist Series’ is kicking off with Katy Perry, with Imagine Dragons, The Weeknd, Coldplay and more to follow.
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Peloton posts $757.1m Q1 loss: ‘Turnarounds are hard work’
Barry McCarthy had a reputation for straight talking when chief financial officer at Spotify, and now he’s Peloton CEO, he’s carrying on in the same vein.
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Peloton shakes up pricing and launches Rock22 event
Peloton CEO Barry McCarthy may be fending off activist investors, but he’s also trying to put his turnaround plan in place for the fitness tech company.
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Peloton shows off new fitness hardware: the Peloton Guide
The Peloton Guide is a ‘streaming media box’ with a built-in camera, which hooks up to people’s TVs and studies your movements.
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Fitness tech firm Liteboxer goes VR with Meta Quest app
It has been released in the US, Canada, Mexico and the UK, enabling people to punch along to its workouts without needing to buy its $1,495 wall-mounted device.