Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Peloton cut 11% of staff, mainly tech and enterprise engineers, to save $100M yearly amid declining sales and stock drop.
Peloton has laid off 11% of its workforce, primarily technology and enterprise engineers, as part of ongoing cost-cutting under new CEO Peter Stern.
The move, aimed at streamlining operations and saving at least $100 million annually, follows a previous 6% reduction and comes amid declining sales and a nearly 30% drop in stock value since 2025.
The company has raised prices and launched AI-powered fitness equipment, but early sales have been weak.
The layoffs precede its upcoming quarterly earnings report.
5 Articles
Peloton recortó el 11% del personal, principalmente ingenieros tecnológicos y empresariales, para ahorrar $ 100M anuales en medio de la disminución de las ventas y la caída de las existencias.