Jim Rowley, Chief Executive Officer of Crunch Fitness, discusses making "difficult" decisions to close gyms and lay off employees. Rowley also discusses how the pandemic has resulted in a loss of revenue. He explains how franchisees are unable to qualify for federal stimulus or insurance even as landlords continue to collect rent.

Hosts: Carol Massar and Jason Kelly. Producer: Doni Holloway.

Jim Rowley, Chief Executive Officer of Crunch Fitness, discusses making "difficult" decisions to close gyms and lay off employees. Rowley also discusses how the pandemic has resulted in a loss of revenue. He explains how franchisees are unable to qualify for federal stimulus or insurance even as landlords continue to collect rent.Hosts: Carol Massar and Jason Kelly. Producer: Doni Holloway.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more. Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Crunch CEO on Range of Emotions Over Virus

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bbcb4d82-5a03-4746-b6a7-ae2b007a15bd/transcript

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