SoulCycle Instructor Raises More Than $16,000 for Fired Staffers

A group of former employees of the studio are trying to raise money for their co-workers who were laid off after the studio closed.

A Chicago-based instructor who was part of the recent cuts is trying to raise money for other employees who lost their jobs after the company said two Chicago studios would soon be shuttered. She shared a text on her social media accounts. I have to file for unemployment now. I will not have enough money to pay bills this month.

She wrote in her post that it was real. The people need to be taken care of.

The fitness trainer plans to donate some of the money she has raised to 14 laid off workers. It isn't a lot of money for a company known for its wealthy clientele, but it is a start. The Supersoul package includes advanced booking by a concierge for 50 classes at a cost of up to $3,500. She said donors are a mix of customers and fellow instructors and that she will keep the fundraiser going as long as needed.

The ex-staffer was not happy with the way the layoffs were handled. Jenny Rose Casto was surprised by the announcement. It's a little odd for everything to happen so suddenly.

It is adjusting to changes in consumer behavior as a result of the swine flu.

The company is closing about 20 of its studios and laying off 75 of its employees according to a spokesman. The restructuring was a result of people moving during the Pandemic according to an audio obtained by Insider.

San Francisco, Beverly Hills, Newport Beach and Del Mar are closing. In addition to the District of Columbia, Florida, Georgia, Illinois, Massachusetts, Washington and Toronto are also included.

Consumers are trading down from premium-priced experiences due to inflation. A plan to eliminate 2,800 positions worldwide was announced last week by the company. The company added 300,000 members and opened 34 new locations in the second quarter.

He said that people will prioritize their health and wellbeing while being more cost conscious.

Madison Muller assisted.