Wall Street Journal: Marick Masters on job search method of laid-off Peloton employees
Laid-off Peloton Interactive, Inc. employees are posting testimonials on social media about their experiences at the company and sharing career details in efforts to find new employment after the fitness company cut 2,800 jobs and replaced its chief executive. A publicly accessible spreadsheet was created for former employees to share their names, prior roles, locations, work preferences and contact information. Marick Masters, a management professor at Wayne State University’s Mike Ilitch School of Business, said an approach where hundreds if not thousands of laid-off employees at one company come together to try to find new jobs is uncommon. “What this does is publicize to a wider audience what’s going on,” Masters said. “This concerted effort gives them a leg up on the job search and shows that they’re very committed.”
