Lululemon Lays Off 100 Studio Employees as Mirror Struggles Continue

Lululemon’s $500M investment in the “nearly invisible home gym” system is one that the athleisure giant would like to forget…or at least sell Lululemon has conducted a round of layoffs at its Studio division, underscoring the albatross that is its connected fitness Mirror. The cuts impacted roughly 100 employees. The athleisure company, which acquired Mirror…