John Smith/VIEWpress Peloton is pausing the production of its bike and treadmill products, according to CNBC. An internal presentation obtained by CNBC cited a "significant reduction" in global demand. One employee told Insider that the company's warehouses are "unsafely packed" with recalled treadmills. Peloton is pausing the production of its connected fitness products, including its flagship stationary bike and treadmill, citing a "significant reduction" in global demand, according to internal documents obtained by CNBC.The company's stock dropped 16% following the news before trading was halted.