I don't know, I think there is a long term market in social exercise at home that they can tap into and keep going. However it isn't nearly as large as their current market. Enough to be profitable by having a few trained staff (people with actual exercise degrees using the latest research to run a good class as opposed to your typical gym personal trainer who doesn't have formal training in that) so that a class is starting every 15 minutes. (and some classes can be re-runs so long as they don't fall into the trap of stale content because it is all reruns).
However the above is enough to support a small company with about a dozen full-time staff who are doing well for themselves, and a few part time staff. That is one CEO who also does basic HR and a few other tasks, 2 IT support people, 6 personal trainers (some who always work nights/weekends), a few other staff because other functions are needed, and part time is seniors at the local college who are getting a relevant degree. Once in a while they will need to outsource design of a new bike as parts on the old model go obsolete, or some new software feature (every two years at most - partially so they still remember how to get this done). Nobody will get rich doing this, but all will have a nice middle class life. And of course all the venture capitalists who funded the wild ride up will be disappointed.
However the above is enough to support a small company with about a dozen full-time staff who are doing well for themselves, and a few part time staff. That is one CEO who also does basic HR and a few other tasks, 2 IT support people, 6 personal trainers (some who always work nights/weekends), a few other staff because other functions are needed, and part time is seniors at the local college who are getting a relevant degree. Once in a while they will need to outsource design of a new bike as parts on the old model go obsolete, or some new software feature (every two years at most - partially so they still remember how to get this done). Nobody will get rich doing this, but all will have a nice middle class life. And of course all the venture capitalists who funded the wild ride up will be disappointed.