The Peloton layoffs are a part of its cost-cutting strategy to bring down operating costs and pursue a new business model.

Shares of Peloton Interactive (PTON) reversed course and turned lower Thursday after the connected fitness company swung to a ...

Peloton has pivoted many times over the past few years in its quest to return to profitability. The latest, as announced in ...

Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its ...

Shares of fitness company Peloton climbed on Thursday after the company forecast higher revenue for the coming year and ...

The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in ...

Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost ...

Discover how Peloton plans more layoffs following a decline in membership and revenue, while seeking new growth strategies.

Peloton is undergoing another round of layoffs — its fourth this year — with about 500 jobs being eliminated, as the troubled exercise company looks to cut costs to improve its bottom line.