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Full-Time

Senior Hardware Engineering Program Manager

Confirmed live in the last 24 hours

Peloton

Peloton

1,001-5,000 employees

Indoor cycling workouts with streaming classes

Consumer Software
Consumer Goods

Compensation Overview

$172.1k - $223.8kAnnually

+ Annual Equity Awards + Employee Stock Purchase Plan

Senior

New York, NY, USA

Hybrid position requiring in-office presence.

Category
Project Management
Hardware Engineering
Business & Strategy
Required Skills
Communications
JIRA
Confluence
Requirements
  • 12 years of program or product experience in hardware development: consumer electronics, fitness equipment, appliances or automobiles
  • Bachelor degree in engineering or a related field.
  • Strong leadership skills and ability to inspire team members.
  • Project management training, certification, or experience, PMP certification preferred.
  • Experience managing projects with Asia-based manufacturing.
  • Detailed understanding of the Product Development Process and broad understanding of the supply chain and manufacturing processes.
  • Ability to speak and translate between technical and non-technical business partners.
  • Outstanding communication and presentation skills to influence stakeholders across various audiences including engineers, managers, and executives.
  • Experience with collaboration tools like JIRA and Confluence.
Responsibilities
  • Be the glue that helps the team get things done on time, on budget, in full.
  • Ensure all team members understand the business value and goals tied to the effort.
  • Scope and plan projects: set goals and important metrics, build project plans, identify key partners, identify risks and contingency plans, develop a change management plan.
  • Develop and manage program budgets and schedules for large projects from feasibility through launch.
  • Proactively identify, communicate, and resolve dependencies, risks, and issues.
  • Provide visibility by holding the responsibility for regular reporting to key stakeholders and executives on project and program changes and status.
  • Help the team with ongoing improvements to the Product Development Process.
  • Handle key supplier relationships including but not limited to engineering suppliers, contract manufacturers, component suppliers, and design and engineering freelancers.
  • Coordinate day-to-day operations associated with the project including ship items, unbox and set-up prototypes, answering supplier emails quickly, organize group meetings and calls, obtain samples, manage and organize all project documentation.

Peloton provides high-energy indoor cycling workouts through its exercise bike, which streams live and on-demand classes to users' homes. The bike features a large screen for classes led by professional instructors, catering to all fitness levels. Peloton's business model combines hardware sales with a subscription service for access to its extensive library of workouts, creating a steady revenue stream. The company's goal is to offer a convenient and engaging way for people to exercise at home, building a loyal community of fitness enthusiasts.

Company Stage

IPO

Total Funding

$2.2B

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-9%

2 year growth

-19%
Simplify Jobs

Simplify's Take

What believers are saying

  • Peloton's successful $1.35 billion holistic refinancing strengthens its financial position and supports future growth.
  • Innovative offerings like pet-friendly fitness classes and half marathon training programs keep the platform fresh and engaging for users.
  • Strategic partnerships, such as with the YMCA, provide new avenues for user acquisition and community engagement.

What critics are saying

  • Legal challenges, such as the recent lawsuit over customer chat data, could damage Peloton's reputation and financial stability.
  • The competitive landscape of virtual fitness is intense, with numerous players vying for market share, which could impact Peloton's growth.

What makes Peloton unique

  • Peloton's combination of high-quality exercise equipment and engaging digital content sets it apart in the virtual fitness market.
  • The company's subscription model ensures a steady stream of recurring revenue, unlike competitors who may rely solely on hardware sales.
  • Peloton's partnerships, such as with the YMCA of Metropolitan Chicago, expand its reach and enhance community engagement, differentiating it from other fitness tech companies.

Benefits

Comprehensive health & life benefits

Supporting families

Future planning

Education

Product discounts

Supporting our communities