What weird thing did you get as part of your company's severance package? Peloton might have topped it all by giving free Pelton memberships for its 2,800 employees it just fired earlier this week.
The company decided to give its now-former employees a complimentary membership for the next 12 months and some of the employees flat-out called the company out that their Peloton membership would extend further than their health benefits would.
A memo from John Foley (who is losing the CEO job but will stay on as executive chairman) said Peloton saw “unprecedented demand” during the pandemic, but the company’s “post-COVID demand picture looks different than anticipated,” so it is slashing thousands of jobs, but that they were "equipping every team member leaving Peloton with helpful tools to make them as comfortable as possible as they explore their career path post-Peloton."
Yeah, something tells us this isn't the last bad thing Peloton is going to do in the next few weeks, but you can see part of the memo below!