Peloton Interactive is an American exercise equipment and media company founded in 2012 and based in New York City.
According to reports, Peloton has announced plans to lay off 15% of its workforce, which amounts to approximately 400 employees, as part of a cost-cutting initiative aimed at reducing the company’s expenses by over $200 million by the end of 2025.
In May 2023, Incognito blog reported a recall of 2,160,000 Peloton exercise bikes.
