GT Bicycles Pausing New Product Releases, Reducing Workforce

December 18, 2024

GT Bicycles, which separated from Cycling Sports Group/Cannondale to a stand-alone Pon Holdings brand last year with its own design team, will pause releasing new products while streamlining operations.

GT Managing Director Jason Schiers told BRAIN on Tuesday there will be layoffs before the end of the year but the brand will continue to sell bikes in 2025. Velo