Peloton Interactive Reviews
Updated Sep 21, 2023
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- "total 180 shift in leadership, business strategy, chaotic last 2 years, too many layoffs" (in 29 reviews)
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- 5.0Aug 23, 2023Sales SpecialistCurrent Employee
Pros
Great company - people are great and believe in selling their products.
Cons
Company cut all commission pay outs. On hourly only. Companies not stable but they are trying to pull it all together.
- 3.0Jul 31, 2023Software EngineeringFormer Employee, more than 5 yearsSanta Clara, CA
Pros
Peloton used to be a wonderful place to work, before things took a turn for the worse, when the pandemic bubble burst. They overspent, overgrew, and were overly and unrealistically optimistic about the future. They've been trying to fix it since then, by bringing in a new CEO and new leadership team. They've cut expenses to the bone, through round after round of layoff, including one which is currently taking place one department after the next. They've also been trying tactic after tactic to get around the fact that fewer and fewer people are buying their Bikes and Treads. Promotions, bundles, sales; they're good for a temporary boost, but generally just pull sales forward, leading to a sagging funnel when the promotion is over. They are now in the middle of trying to rebrand themselves as not just a bike company but an overall fitness company. Time will tell if this pivot will work.
Cons
The pivot to being leaner, along with a recent product recall, along with sagging sales, has led to many manic engineering initiatives of dubious value. Teams have to turn on a dime to deliver the next thing that will save the company or help bring it to cash-flow neutral. Nothing has quite gotten there yet. Engineering teams have sagging morale and don't agree with the value of doing what they're being told they must do, and on what timeline they have to do it. Zero autonomy. One of the Peloton values is "Empower Teams of Smart Creatives". There is zero such empowerment at the team level. It's all driven from the top down.
4
Peloton Interactive Reviews FAQs
Peloton Interactive has an overall rating of 3.5 out of 5, based on over 1,366 reviews left anonymously by employees. 50% of employees would recommend working at Peloton Interactive to a friend and 24% have a positive outlook for the business. This rating has decreased by -1% over the last 12 months.
50% of Peloton Interactive employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Peloton Interactive 3.6 out of 5 for work life balance, 3.6 for culture and values and 3.0 for career opportunities.
According to reviews on Glassdoor, employees commonly mention the pros of working at Peloton Interactive to be culture, coworkers, benefits and the cons to be senior leadership, career development, management.