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 does the phrase 'cash is oxygen' imply about Peloton's financial situation?

What challenges is Peloton facing in the current market environment?