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REI, Experiences
'Unprofitable': REI shutters Experiences travel business, lays off 428 employees
REI CEO Eric Artz said the outdoor gear retailer would end its Experiences unit, which offered adventure classes and trips, and lay off 428 workers.
REI ends travel-based Experiences program, lays off 428 employees
Outdoor recreation retail giant REI has ended its 40-year-old Experiences program, known for holding outdoors classes and wilderness trips, the company announced Wednesday. The move also means the elimination of 428 jobs associated with the program.
REI to lay off over 400 employees in elimination of business division
Any customers who have Experience trips or programs booked will receive a full refund of costs paid to REI. These aren't the first layoffs REI has enacted in recent years. In January 2024, the company laid off over 300 employees. In early 2023, the company also laid off 167 people.
Why is REI laying off 438 employees? What to know about its Experiences business
"I want to acknowledge and extend my gratitude to the Experiences team for all they have done and accomplished over the 40 years of its existence," REI President and CEO Eric Artz
REI Co-Op 'Experiences' Division Facing Closure After Years of Programming
REI has been the go-to store for adventurers for decades. The company recently announced that their well-liked 'Experiences' business involving classes and tours will be shutting down.
REI Shutters Experience Division Known for Excursions, Tours, and More after 40 Years
REI Co-op, the beloved outdoor retailer, announced Wednesday that it would be closing its Experiences division. Known for providing classes, selling group travel excursions, and operating various tours for 40 years,
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REI Closes Experiences Program, Will No Longer Offer Trips or Classes
After four decades of running outdoor adventure trips and educational courses, REI is eliminating more than 400 jobs to focus ...
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REI cuts staff, eliminates tour and events business
Affected full-time employees will receive their full salary and benefits through March 9. Workers who split time between the ...
Daily Voice New London County CT on MSN
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400+ REI Employees Laid Off, Outdoor Retailer Ends Adventure Travel Program
More than 400 employees will lose their jobs as REI closes its Experiences program, ending the adventure travel and outdoor ...
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REI exits 'Experiences' businesses, laying off hundreds of employees
REI announced the closure of its Experiences division, affecting over 400 employees, as it shifts focus to core business ...
KUOW
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REI cuts jobs and adventure activity program, citing financial straits
REI is shutting down its classes, tours, and events business, collectively known as Experiences. The outdoor retailer ...
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REI Adventures Shuts Down Trips: How To Find Alternative Active Travel
A major active travel company is closing its doors, but there are still a lot of good alternatives for your next hiking or ...
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REI cuts 428 jobs, shuts down adventure travel and outdoor education programming
We’ve held out as long as possible, but the fact remains that Experiences is an unprofitable business for the co-op, and we ...
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