原文標題：Peloton CEO John Foley to Step Down, Become Executive Chair
原文連結：https://tinyurl.com/Pelotondown
發布時間：2/8 5am EST
Peloton Interactive Inc. PTON 20.93% plans to replace its chief executive,
cut costs and overhaul its board after a slowdown in demand caused the
once-hot bike maker's value to plummet.
撐不住，砍老闆了
Peloton co-founder John Foley, who has led the company for its entire 10-year
existence, is stepping down as CEO and will become executive chair, the
company told The Wall Street Journal. Barry McCarthy, the former chief
financial officer of Spotify Technology SA and Netflix Inc., will become CEO
and president and join Peloton’s board.
Peloton 創辦人CEO John董真的被趕下台，
這個十年公司找Spotify Netflix CFO來接手
The New York company will also cut roughly 2,800 jobs, affecting 20% of its
corporate positions, to help cope with the drop-off in demand and widening
losses. The cuts won’t affect Peloton’s instructor roster or content.
砍2800人，大概20%人力，因為需求大減。但課程那邊不會影響。
A little over two weeks ago, activist investor Blackwells Capital LLC called
for Peloton to fire Mr. Foley and explore a sale of the company, which the
Journal has reported is attracting potential suitors including Amazon.com Inc.
5%大股東Blackwell叫CEO下台啦
不如賣給Amazon
中略
Peloton was once a pandemic darling. As homebound customers ordered its
exercise equipment and streamed its virtual classes, its valuation soared.
The company’s fortunes have recently sagged, and its stock had been trading
below its September 2019 IPO price of $29 a share as lockdowns eased and gyms
started to fill up again.
IPO 29元，線上健身課程在疫情很風光，現在爆爛
The company’s value has fallen from a high of around $50 billion roughly a
year ago to around $8 billion last week, before its shares rose 21% Monday on
news of potential suitors.
50b的公司變成8b (其實還是很大間)
Peloton has said it was planning cost cuts and reviewing the size of its
workforce and production levels. Investors have been awaiting details of its
plans, which will accompany fiscal second-quarter results Tuesday. Messrs.
Foley and McCarthy said that the company had long been planning to hire a new
CEO and that Mr. McCarthy entered the picture in the past few weeks. “I have
always thought there has to be a better CEO for Peloton than me,” said Mr.
Foley, 51. “Barry is more perfectly suited than anybody I could’ve imagined.
” Mr. McCarthy, who is in his late 60s and plans to move from California to
New York, said his strength is a deep understanding of content-driven
subscription models, while Mr. Foley’s are in product development and
marketing. “Together we can make a complete grown-up and build a really
remarkable business,” Mr. McCarthy said. He has consulted for Peloton
investor Technology Crossover Ventures, sits on the boards of Instacart Inc.
and Spotify, and was CFO of the music-streaming service until early 2020.
總之公司要重新整理營業模式了
心得/評論：
剛有亂碼重貼
盛極一時的潮牌健身器材派樂騰果然砍執行長了，成長股第一個被殺到倒的
但沒想到還要砍2800人！太慘了吧
台灣之前也有大招人。
一台可是要三四萬的超潮飛輪變這樣….
台灣供應鍊也很慘！！力山我看真的倒楣
新執行長找Spotify之前的CFO