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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 stores and the events, classes and tours business — known collectively at REI as Experiences — may be able to stay with the company, depending on the store. REI has more than 16,000 employees.
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 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.
REI Shutters Experiences Business that was Losing Millions Annually, Cuts 400+ Jobs
After 40 years of providing adventure travel, day tours and classes, outdoors retail co-op REI will shut down its Experiences business.
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 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, stating that it hoped that the new name would be less intimidating and encourage growth. It discontinued tours outside the United States in early 2020, citing costs even before the pandemic.
REI exits 'Experiences' businesses, laying off hundreds
REI is cutting hundreds of jobs as the Issaquah-based co-op eliminates its "Experiences" division.
REI Lays Off 438 Employees, Shuts Down Experiences Division
More than 400 employees will lose their jobs as REI closes its Experiences program, ending the adventure travel and outdoor education programs that have been part of the retailer’s identity for 40 years.
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 ...
20h
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 ...
1d
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 ...
MyNorthwest.com
2d
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 ...
22h
REI Promo Codes: Save Up To 50% On Vuori, The North Face And More
No, REI does not typically allow you to stack coupons.
20h
on MSN
On's 'Awesome' Running Shoes That Are Packed With 'Great Arch Support and Stability' Are Now Nearly $50 Off
On Cloudmonster 2 Road Running Shoes are on sale for $135 right now, a 25% discount from their normal price of $180. These ...
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