Peloton Apologizes to 2800 Laid-Off Workers With Free Memberships
https://www.vice.com/en_us/article/n7n49k/peloton-apologizes-to-2800-laid-off-workers-with-free-memberships
Peloton, the fitness and technology company, announced Tuesday that it was laying off 2,800 people as it attempts to right the ship following a string of controversies and corporate missteps that led to production stoppages, price increases, and a plunging share price.
As part of the severance package, the company said, it would offer its North American employees compensation (based on tenure and job title); health care (for an unspecified period of time); and, most notably, a complimentary Peloton membership for 12 months.