Triyoga, a popular yoga studio chain in London, has abruptly ceased operations, leaving around 100 instructors unpaid and customers without services. Many teachers are now facing financial difficulties, with some expressing concerns about their ability to meet basic living expenses after the sudden closure.
The studio's owner, Common Bond, is undergoing insolvency proceedings, and there are questions about the management practices leading to the collapse. The situation highlights the precarious nature of gig economy jobs in the fitness industry, as well as the challenges faced by boutique studios amid increasing competition.
The closure of Triyoga underscores the vulnerabilities of gig economy workers in the fitness sector. Readers should monitor how this situation evolves, particularly regarding potential legal actions for worker rights and the fate of the remaining fitness brands under Common Bond.