Peloton is a declining brand in a declining category and has been since the end of the pandemic. Over the past four years, the business has shrunk and shrunk and shrunk which inevitably filters down to individual career opportunities and the actual financial prospect of working at Peloton. Multiple rounds of layoffs, endless leadership changes, and initial equity packages loosing 20, 50, even 70% in value for some people depending on tenure means that as an employee here you are sacrificing stability, long-term career growth, and your short-term financial wellbeing. Before taking a job here, I'd strongly recommend asking yourself, do I believe this company can catch a second wind and get back to growth and/or am I willing to accept a significant potential for short and long-term career risk? It's a very strong brand with a loyal customer base and a product set that meaningfully impacts people's lives for the better. But, it's also a declining business that has failed repeatedly to show any meaningful signs of a successful turnaround.
