Money Peloton to cut 500 additional jobs as ‘necessary step’ to save company, return to growth October 7, 2022 Wyatte Grantham-Philips, USA TODAY Comments Off on Peloton to cut 500 additional jobs as ‘necessary step’ to save company, return to growth Peloton is cutting about 500 more jobs, or about 12% of its workforce, as the exercise equipment maker continues efforts to return to profitability.