Laid-Off Peloton Employees Crash New CEO's First All-Hands Meeting: 'I'm Selling All My Peloton

Apparel to Pay My Bills!!!'

Peloton held a virtual all-hands meeting on Wednesday to introduce its new CEO Barry McCarthy to staff. But the conversation between McCarthy and former CEO John Foley came to a quick end, CNBC reports, after former and current employees blasted the chat with angry comments about this week's job cuts and accusations of mismanagement.

"I'm selling all my Peloton apparel to pay my bills!!!" one person wrote. Another callled the discussion "awfully tone deaf." Someone else chimed in to explain the source of the vitriol: "The company messed up by allowing people who were fired into this chat. Too late to mod [moderate] this."

As the conversation between McCarthy and Foley came to a close, the new CEO was asked if laid-off employees had somehow infiltrated the chat. "No comment," he said.

Peloton's next chapter comes after a year that's been particularly rocky. Though the pandemic initially led to an impressive growth streak, the company struggled in the face of shipping delays and product-safety issues, among them the recall of its Tread+ treadmill after the death of a child and 70 other incidents. Additionally, the company was the butt of many jokes after its bike made unfortunate guest appearances on both the Sex and the City reboot and television show Billions.

https://www.msn.com/en-us/money/companies/laid-off-peloton-employees-crash-new-ceo-s-first-all-hands-meeting-i-m-selling-all-my-peloton-apparel-to-pay-my-bills/ar-AATHqKx