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John Foley

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Peloton Announces Plans To Let Go Of 112 Employees In Nassau County Peloton Announces Plans To Let Go Of 112 Employees In Nassau County
Peloton Announces Plans To Let Go Of 112 Employees In Nassau County Peloton has announced plans to shut down some of its facilities and lay off thousands of employees, including some workers in the region. On Tuesday, Feb. 8, the exercise equipment company announced plans to restructure and let go of a total of 2,800 employees globally. CEO John Foley also announced plans to step down. As part of the restructuring, the facility located in the Westchester County city of Mount Vernon will shut down, causing 75 employees to lose their jobs, according to a Worker Adjustment and Retraining Notification Act (WARN) notice posted on Feb. 8. The facility is located…

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by Nicole Valinote
News
Peloton Recalls Treadmills After 72 Injuries, 1 Child Death Reported Peloton Recalls Treadmills After 72 Injuries, 1 Child Death Reported
Peloton Recalls Treadmills After 72 Injuries, 1 Child Death Reported Peloton recalled all of its treadmill machines Wednesday. The popular exercise equipment company issued an apology for not acting faster on reports of nearly 72 injuries and the death of a 6-year-old child, who was pulled under the rear of a treadmill. Of the 72 injuries, 29 were to children such as second- and third-degree abrasions, broken bones, and lacerations, according to the Consumer Product Safety Commission. Peloton CEO John Foley called the decision to recall both the Tread+ and Peloton Tread the "right thing to do." "I want to be clear... We should have engaged more p…

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by Cecilia Levine