Peloton instructors spared from job cuts as company eliminates 2,800 global roles

cutback and "restructuring program," which is expected to result in around $130 million in severance payouts and other exit activities to approximately 2,800 employees around the world.

Peloton instructors are being spared from the fitness company’s job cutback and"restructuring program," which is expected to result in around $130 million in severance payouts and other exit activities to approximately 2,800 employees around the wor "[Peloton is] easily the best job you could have as a fitness instructor because we are treated like professional athletes," Sims told The WSJ at the time. "We get paid time off. We go to physical therapy every single week to prevent injuries."

A representative for Peloton instead shared a statement from the company’s Q2 2022 Shareholder Letter with FOX Business, which says"operational restructuring will not negatively impact our instructor roster, number of classes produced, or range of c

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Peloton CEO steps down, company to cut 2,800 jobs globallyPeloton co-founder and CEO John Foley is stepping down and the company is cutting 2,800 jobs worldwide, including 20% of its corporate workforce.
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