Peloton Trims Workforce by 11%, Part of Cost-Cutting Initiative
Peloton has reportedly eliminated approximately 11% of its workforce as part of a cost-cutting initiative.
Affected staff were informed on Jan. 30, 2026. A spokesperson for the fitness technology company said the goal is to optimize spending by “reshaping our teams and, in some cases, the locations where we work.”
Which Roles at Peloton are Affected?
Engineers working on technology and efforts for enterprise customers were mostly impacted by the latest round of job cuts at Peloton.
It remains unclear if Canadian employees were let go. The company reportedly has dozens of workers in the country, according to LinkedIn.
Source
People familiar with the workforce reduction at Peloton shared key details with Bloomberg News.
More Peloton Layoff Coverage
For a full overview of Peloton layoffs and the rights that non-unionized employees in Canada have in this situation, see our Peloton Layoffs & Severance Guide.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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