
Like many of us, Peloton isn’t exactly having a spectacular 2022 thus far. Last month the company ended up temporarily halting production of its flagship fitness products due to a widespread decrease in interest; it also reportedly laid off about 41 percent of its sales and marketing staff. So it’s little surprise that Peloton is looking around for the nearest exit sign.
It’s looking like a full sale to a larger company is on Peloton’s not-too-distant horizon, according to an inside scoop from The Wall Street Journal. And one company considering buying up the company is — shocker — Amazon.