Peloton cuts 11% of staff in cost-cutting push, spokesperson says

Peloton layoffs: Headcount reduced by 11%, engineering teams impacted in cost-cutting move

Peloton Interactive Inc., the long-struggling fitness technology company, slashed 11% of its workforce in a cost-cutting move, according to a person with knowledge of the matter.

Peloton lays off 11 percent of its staff just a few months after launching its AI hardware

Peloton said on Friday that it's cutting around 11 percent of its staff, mostly impacting "engineers working on technology and enterprise-related efforts," reports Bloomberg. Last August, Peloton laid off six percent of its workforce and told investors it would continue layoffs globally in 2026, in an attempt to cut at least $100 million of annual spending by the end of the fiscal year. Peloton's latest strategy shift to reverse the effect of it…

Peloton Cuts 11% of Jobs, With Engineering Teams Getting Hit

(Bloomberg) — Peloton Interactive Inc., the long-struggling fitness technology company, slashed 11% of its workforce in a cost-cutting move, according to a person with knowledge of the matter.

Peloton Cuts 11% of Staff, Including From Engineering Teams

Peloton cuts 11% of staff in cost-cutting push, spokesperson says

Peloton Fitness tech firm to slash 11% of its jobs - The Canadian Media

New York/IBNS-CMEDIA: Fitness technology company Peloton Interactive Inc. has decided to slash its workforce by 11% as part of an ongoing cost-cutting exercise, Bloomberg reported, citing a person familiar with the matter. The layoffs will largely impact engineers working on technology development and enterprise-focused initiatives, the report said. According to the source, who requested anonymity, Peloton chief executive officer Peter Stern—who…