Life Time planning to furlough 36,000 employees

Life Time Inc. is planning to furlough 90 percent of the company’s 40,000 employees.

CEO Bahram Akradi went on Fox News March 25 and implored government leaders to set a date for when the economy can start back up. 

“Without having a certain date when we can go back to work, I have no choice but to put approximately 90 percent of my people on furlough,” he said.

Chanhassen, Minnesota-based Life Time has closed all of its 150 clubs across the country based on orders from federal, state and…