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Peloton
Fitness platform and media company
Layoff History
Date
February 3, 2026
Impact
11 employees
Location
United States of America
Summary
Peloton has laid off 11% of its workforce as part of a restructuring plan announced in August 2025 aimed at saving $100 million by the end of fiscal 2026. The cuts come amid declining sales and a shrinking membership base and are intended to streamline operations, reduce indirect spending, and realign teams and locations. The company did not disclose which departments were affected but said impacted employees will receive severance.