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Peloton to cut 500 jobs as turnaround efforts continue

October 6, 2022
in Exercise Equipment
Reading Time: 1 min read
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Peloton to cut 500 jobs as turnaround efforts continue
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See Taunton's Davol Park transformed with pickleball courts, exercise equipment and more – Taunton Daily Gazette

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FILE – This Nov. 19, 2019 photo shows a Peloton logo on the company’s stationary bicycle in San Francisco, Calif. Peloton told employees Thursday, Oct. 6, 2022, that it will cut approximately 500 jobs, or about 12% of its workforce, as post- pandemic sales of its indoor exercise equipment continues to tail off. (AP Photo/Jeff Chiu, File)

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