Influx of VC spending fuels hot job market in city tech industry

Peloton had plenty of headaches in the first half of the year: federal regulators are probing user injuries that led to the company’s costly treadmill recall and its losses widened after a period of profitability last year.

Despite that, the stationary-bike and exercise media company kept up its aggressive hiring. The company, which is headquartered on Manhattan’s West Side, reached a headcount of 8,662 by the end of June, up about 130% from the same point last year, according to its quarterly financial report released August 26.

The headcount boost—which the company said in the filing is focused on adding product development and sales

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