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'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 shutters experiences business, eliminating hundreds of jobs
More than 400 employees will be let go as part of the decision. CEO Eric Artz said the 40-year-old experiences division was unprofitable.
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 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 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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Struggling REI cuts hundreds of employees, axes tour and events business
Affected full-time employees will receive their full salary and benefits through March 9. Workers who split time between the ...
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on MSN
REI's Layoffs Sized Up by Outdoor Industry Authorities
REI Co-op's decision to shut down its Experiences business and lay off 428 employees caught many in the outdoor industry off ...
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Spend $100 at the REI Outlet and get $20 off with this code
REI is a great place for all your outdoor clothing needs. The main is a highlight, but don’t forget its outlet store, which ...
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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 ...
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on MSN
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' ...
BikeMag on MSN
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REI Exits the Adventure Tourism Business
REI Experiences was launched in 1987, then branded as REI Adventures. In 2022 the company rebranded this to REI Experiences, ...
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REI Promo Codes: Save Up To 50% On Vuori, The North Face And More
No, REI does not typically allow you to stack coupons.
MyNorthwest.com
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REI cuts dozens of people, popular programs to cure money woes
REI said it will lay off 180 full-time and 248 part-time employees, including 67 in Washington, and shutter its Experiences ...
GearJunkie on MSN
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Score Half-Price Deals in Winter Sales From Patagonia, REI, Burton, and More
It's still a great time to save big bucks on winter gear and apparel, thanks to January sales from many of the biggest names ...
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