Peloton arrête-t-il la production de vélos et de tapis roulants?

PELOTON is known as an American exercise equipment and media company that is famous for its bikes and treadmills.

Following a rise in sales, the company’s future has been called into question after it was reported that they were halting production.

Peloton is known for its bikes and treadmills

Peloton is known for its bikes and treadmillsCrédit: Reuters

Peloton arrête-t-il la production de vélos et de tapis roulants?

En janvier 21, 2022, le gouvernement a annoncé son intention de fermer peloton will allegedly be halting its production in an attempt to control costs, according to internal documents obtained by vous devez déposer ou utiliser l'outil dès que possible pour donner à l'IRS le temps de traiter et d'émettre les paiements avant la fin de 2021. ».

This move comes after the company reportedly faced a “significant reduction” in demand around the worlddue to shoppers’ price sensitivity and amplified competitor activity,” the media outlet reports.

Peloton has also faced a decline in the stock market as the company closed the day prior down 23.9% à $24.22, bringing the stock’s market value to $7.9billion.

Despite CNBC’s report, Interne du milieu des affaires later released a letter from CEO John Foley that was allegedly sent to employees denying the allegations.

We have always done our best to share news with you all first, before sharing with the public. Cette semaine, we’ve experienced leaks containing confidential information that have led to a flurry of speculative articles in the press,” the letter reads.

The information the media has obtained is incomplete, out of context, and not reflective of Peloton’s strategy. It has saddened me to know you read these things without the clarity and context that you deserve.

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Before I go on, I want all of you to know that we have identified a leaker, and we are moving forward with the appropriate legal action,” the letter continued.

“…As you have heard me and other leaders say over the past few months, we are continuing to invest in our growth, but we also need to review our cost structure to ensure we set ourselves up for continued success, while never losing sight of the important role we play in helping our 6.2+ million Members lead healthier, happier lives.

The Sun reached out to Peloton for comment but did not receive a response prior to publication.

When will Peloton start making bikes and treadmills again?

Among the Peloton products that are supposable being halted is the Bike+, Tread treadmill, and Tread+ machines.

The company reportedly stopped making the Bike+ in December 2021 and is not expected to resume production until June.

Starting in February 2022, Peloton will also halt the production of its Tread treadmill for six weeks,” ils pourront percevoir la différence dans le cadre de leur remboursement d'impôt ou déduire les impôts qu'ils devront payer une fois la déclaration traitée.

As for the Tread+ machines, the company does not anticipate producing any of them in the fiscal year, the documents state.

The Tread+ was subject to a safety recall last year after it was linked to dozens of injuries to children and one death.

En janvier 2022 it was reported that the company will allegedly be halting production on some of their machines

En janvier 2022 it was reported that the company will allegedly be halting production on some of their machinesCrédit: Getty

Who is Peloton’s founder and CEO?

Peloton first launched in 2012 after it was founded by Foley, who is also the acting CEO.

Foley is known as an American businessman who previously worked as the e-commerce president at Barnes & Noble.

Foley also worked at Mars Inc. before founding Peloton.

He earned his bachelor’s degree in science and industrial engineering from the Georgia Institute of Technology in 1994 and later obtained his MBA in 2001 from Harvard Business School.

Dès janvier 2022, he has an estimated net worth of $350million, selon Bloomberg.

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