Tag: pivoting to ai

Pivoting to ai explained — what it is, how it works and what it costs. Below are 1 article about pivoting to ai on CheapToken News.

Peloton Institutes Mass Layoffs After Pivoting to AI

May 18, 2018 | Futurism AI
Peloton Institutes Mass Layoffs After Pivoting to AI
Getty / Futurism During the COVID-19 pandemic, stationary bike company Peloton was the talk of the town, allowing its customers to stay fit from the comfort of their own homes. But once people started reemerging into the world to once again hit the gym and ride their bikes outdoors, the company began to struggle, a tailspin that has been ongoing ever since. The company’s stock dropped by almost 30 percent in 2025 alone, while over 100,000 subscribers decid