Tonal laying off 35% of their employees
CNBC is reporting that Tonal is laying off around 35% of their employees in an attempt to achieve profitability in advance of a potential future IPO.
Connected Fitness News & Tools
CNBC is reporting that Tonal is laying off around 35% of their employees in an attempt to achieve profitability in advance of a potential future IPO.
Tonal is opening a new studio in New York City. 5 new coaches will join the team, and Kendall “Woody” Wood will move to NYC to teach.
Hydrow has created their Million Meter Club, where members get free items likes shirts & hats as they row a certain number of meters on their Hydrow.
Lululemon announced today that it would be acquiring Mirror for a price of $500 million.
Peloton will invest $100 million over the next four years to fight racial injustice and inequity in our world and to promote health and wellbeing for all.
Hydrow has raised $25 million worth of new funding from investors to expand its classes as well as push marketing and sales.
Peloton is beginning to resume Tread sales in certain cities & states. So far parts of Colorado, Florida, and Texas are able to make new purchases.
Tonal plans to start reopening some of their showrooms and detailed their plans to keep both their employees and customers safe.
Tonal spoke at a conference regarding the changes in search they’ve seen to bring customers to find and reserach Tonal on the web.