Peloton Cutting 800 Jobs, Raising Prices

The video discusses Peloton's strategic overhaul, including job cuts, price adjustments, and outsourcing. It highlights the company's shift from hardware to services and subscriptions under a new CEO. The challenges of high fixed costs and market dynamics are explored, alongside consumer behavior and market trends in the luxury segment.

What major changes did Peloton implement as part of its strategic overhaul?

• Increasing in-house customer service

• Focusing solely on hardware sales

• Cutting jobs, raising prices, and outsourcing functions

• Expanding its workforce and lowering prices

What is the new CEO's strategy for Peloton?

• To focus on hardware sales

• To expand into new markets

• To increase reliance on in-house services

• To shift focus to services, revenue, and subscriptions

How is Peloton addressing its fixed costs?

• By investing in new technology

• By expanding its product line

• By increasing production

• By cutting jobs and outsourcing

What was Peloton's pricing strategy change mentioned in the video?

• They reduced prices permanently

• They maintained the same prices throughout

• They increased prices after initially cutting them

• They offered discounts to new customers

What is Peloton's long-term focus according to the video?

• Increasing in-house customer service

• Reducing subscription services

• Expanding hardware sales

• Higher margin revenue from subscriptions