that? sure. if you re a current peloton customer, subscriber, you shouldn t expect many changes, really. peloton arguably has such a loyal base of users, of riders, and those folks should not anticipate, you know, that any of this this is more about future demand, right, that we re talking about here with future production of its exercise equipment. and so, you know, i think that peloton has maintained that loyal subscriber base. it s proven that. churn rates have held low throughout the pandemic, you know. so i wouldn t fear if you re a current peloton user that any of this is going to hurt you. but i do think that the company is going through a bit of a shakeout now. you know, really invested in supply, it hired many employees just to meet that demand during the pandemic. and again, as john foley said in this memo, peloton now medes to reset. lauren thomas, congrats on
i think the important thing to know here, especially if you have a peloton bike or treadmill, you shouldn t really notice any difference with the product, with the experience. again, if you are an existing customer. as you mentioned, peloton announced yesterday, it plans to lay off about 2,800 people within its workforce. that is not going to impact its instructors or people that help create content. so, again, if you re a current peloton user, you should not really expect that experience that you love and enjoy to be impacted at all. and that s really important, right? because i think at the core of the brand and what s really helped peloton build such a massive base of loyal riders is the affinity that these people draw to certain instructors within the peloton community. and i think that you just can t really discount the vital role that these people really serve within that business. you know, it is interesting, when you have a business that seems to be in trouble, i don t want t