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CEO Geisler said on the recent Xponential Fitness earnings call that studio openings are not expected to slow anytime soon.
CEO Webster said 19 SoulCycle studios will be closing in the US & Canada, but didn't say how many employees will be affected by the layoffs
Peloton CEO McCarthy said all office-based employees who have survived the layoffs will be required to return to office three days per week.
Life Time Group Holdings, Inc. has 12 planned openings in 2022 and 11 or more in the next year.
Sweetgreen announces layoffs of around 5% of its support center workforce & says it's moving to a smaller office.
The Daily Harvest team was told during an All Hands meeting that the layoffs were due to economic circumstances, not lentil crisis.
The Tonal community erupted when they read founder and CEO Aly Orady's confirmation, outraged at the loss of the LA studio coaches.
Planet Fitness reported that for Q2 2022, total revenue increased $87.2m or 63.5% to $224.4m from $137.3m in Q2 2021.
Following Tonal, F45 & Whoop reducing staff in the face of economic uncertainty, connected fitness firm Hydrow has also announced layoffs.
The deal between ABC Fitness and Glofox is expected to close later this year and follows ABC’s previous acquisitions of...
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