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Lululemon Announces Layoffs

Lululemon is laying off 100 employees from its Lululemon Studio business (the arm that includes Mirror). Employees were “offered ongoing roles to support the future vision of Lululemon Studio,” a spokesperson said. "The layoffs were mentioned by several employees on LinkedIn with roles in social media, talent acquisition and content strategy," per Retail Dive."The athletics brand acquired the at-home fitness platform Mirror — known for its premium fitness technology device — for $500 million in 2020, initially allowing it to operate as a stand-alone company. Lululemon released Lululemon Studio, its replacement for Mirror’s subscription program, in September 2022."

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