"These changes are essential if Peloton is ever going to become cash flow positive. Cash is oxygen. Oxygen is life. We simply must become self-sustaining on a cash flow basis.""These changes are essential if Peloton is ever going to become cash flow positive," McCarthy said. "Cash is oxygen. Oxygen is life. We simply must become self-sustaining on a cash flow basis.
"For those of you who don’t want to return to the office, we respect your choice," McCarthy added. "We hope you choose to stay, but we understand not everyone will." As of the time of publication, Peloton shares have surged more than 9% during Friday's trading session. However, they are still down more than 60% year to date.
The fad is over! Cheaper alternatives exist!
How much longer before they file for bankruptcy?
Now the pandemics over people are realizing how expensive this ride in front of a TV with live feedback costs vs going back to the gym.
'I never work out!'
Peloton won’t make it out of the next recession.
When demand is significantly down for your product you probably don’t want to increase the price by 25%. What can go wrong?
That’s what happens to all woke businesses . Maybe its time the let riders use letsgobrandon tag again hugh onepeloton
It wont be long before they're tits up bankrupt
Recession and inflation signs
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Source: engadget - 🏆 276. / 63 Read more »