24 Hour Fitness club closures (2020)
24 Hour Fitness filed for Chapter 11 bankruptcy and closed about 130 gyms across the U.S. The company cited pandemic shutdowns and a heavy debt load, leaving thousands of employees without jobs and members with canceled memberships.
Many affected employees lost jobs and health insurance; members filed for refunds or moved to competitors.
The fitness industry saw consolidation, with larger chains expanding into vacated spaces and smaller boutique studios gaining members.
Like 24 Hour Fitness, TruFusion's West Hollywood closure shows how a fitness chain's operational or financial troubles can spill onto workers and prepaid members in a single location.
