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Laid-off Peloton employees crash new CEO’s first company meeting: report

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February 10, 2022
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Laid-off Peloton employees crash new CEO’s first company meeting: report
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Bitter ex-Peloton staff crashed new CEO Barry McCarthy’s first companywide assembly on Wednesday, with one accusing the corporate of being “awfully tone deaf,” in response to a report. 

After laid-off staffers crammed the assembly’s chat field with messages like “I’m promoting all my Peloton attire to pay my payments!!!,” the corporate reportedly lower the assembly brief.

The assembly had been framed as a dialog between Peloton founder John Foley and his successor as CEO however was lower brief after the messages have been posted, according to CNBC. 

“The corporate tousled by permitting individuals who have been fired into this chat,” one other member of the dialog reportedly wrote. “Too late to mod [moderate] this.”

Earlier than the assembly was lower off, McCarthy was reportedly requested if ex-employees had gained entry to the assembly. He replied, “no remark,” in response to CNBC. 

Peloton
Peloton laid off 20% of its company workforce on Tuesday.
Bloomberg by way of Getty Photos

The contentious assembly got here at some point after Peloton abruptly laid of 20% of its corporate workforce — or 2,800 staff — and revealed that Foley would get replaced as a part of a plan to show across the beleaguered health firm. 

To make laid-off staff really feel “as snug as attainable as they discover their profession path post-Peloton,” the corporate offered laid-off employees 12 free months of fitness classes, in addition to extra typical severance advantages together with money funds and prolonged medical insurance protection. 

Whereas Foley is stepping down as CEO, he’ll stay as government chairman of the Peloton board and retains a controlling chunk of the corporate’s voting shares.

Peloton John Foley
Peloton founder John Foley is stepping down as CEO, the corporate mentioned Tuesday.
Bloomberg by way of Getty Photos

Peloton didn’t instantly reply to a request for remark. 



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