Peloton’s Pivot: AI Ambitions Clash with Austerity as Company Announces Major Workforce Reduction
Introduction In a stark reversal from its pandemic-era zenith, fitness giant Peloton is once again tightening its belt. The company confirmed a significant workforce reduction this week, cutting approximately 11% of its global staff, a move that casts a shadow over its recent high-profile push into artificial intelligence hardware. This strategic contraction reveals the ongoing…

