GadgetsNewsTechPeloton lays off 11 percent of its staff just a few months after launching its AI hardwareThe latest round of layoffs at the fitness brand mostly affected members of its engineering team, according to Bloomberg.The latest round of layoffs at the fitness brand mostly affected members of its engineering team, according to Bloomberg.by Stevie BonifieldJan 30, 2026, 11:53 PM UTCLinkShareGiftIllustration by Alex Castro The VergePart OfThe Peloton story: everything you need to knowsee all updates Stevie Bonifield is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI.Peloton said on Friday that its 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.RelatedPeloton is a media company now, with media company problemsPeloton increases fees and introduces new hardware including a 6,695 treadmillPelotons latest strategy shift to reverse the effect of its pandemic-era boom stalling out has also brought new hardware with Peloton IQ AI features. The Cross Training Series that debuted last October includes a new Bike, Bike Plus, Tread, Tread Plus, and Row Plus that add real-time form feedback, worko
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