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

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Peloton lays off 11 percent of its staff just a few months after launching its AI hardware (www.theverge.com)

From the post:

>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.

Archive: https://archive.today/dpRAv From the post: >>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.

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[–] • 1 pt

Fuck AI. It's fake and gay.

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[–] • 1 pt

About as fake and gay as peloton in general. Subscription bicycle that goes no where.

Fuck off peleton.

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