Zwift to ‘pause’ launch of smart bike alongside staff lay-offs

Remember that smart bike and direct drive trainer Zwift was working on? Well, it won’t be hitting the streets anytime soon. Anyone who’s been watching Peloton stock prices can probably guess why…

Zwift has announced a round of staff layoffs as well as the “pausing” of its smart bike hardware plans, that were announced just a few months ago.

While the numbers of employees affected haven’t been released, the current economic climate is stated as the primary reason behind the online training giant’s decision.  Cycling Weekly