Peloton, once hailed as the future of fitness, is now sucking wind. Here's why.

Peloton, once a leading name in connected fitness, is facing severe challenges as it announces another CEO change and additional staff cuts. The company, which thrived during the COVID-19 lockdowns, has struggled to adjust to post-pandemic realities, leading to reduced consumer demand and significant financial strain. As Peloton attempts to navigate its future, it grapples with balancing cost-cutting measures and maintaining its customer base amidst a shifting fitness landscape.