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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 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.
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 must adjust course,' says REI CEO
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 education programs that have been part of the retailer’s identity for 40 years.
REI cuts jobs, adventure activity program citing financial straits
REI is shutting down its classes, tours, and events business, collectively known as Experiences. The outdoor retailer announced the end of Experiences on Wednesday, laying off hundreds of employees in the division.
REI cutting 438 jobs as it closes travel, tours division
Seattle-based REI announced on Wednesday it was closing the company’s Experiences division and eliminating the jobs of 438 employees.
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on MSN
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 ...
2h
on MSN
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 ...
Footwear News on MSN
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REI Co-op Shutters Its Experiences Business After Nearly 40 Years, Lays Off 428 Employees
After nearly 40 years, REI Co-op is shuttering its Experiences business, effective this week. Biden blocked US Steel's $14 ...
2d
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 ...
Hosted on MSN
7h
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 ...
BikeMag on MSN
1d
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, ...
KOIN 6
1d
Oregon employees laid off as REI announces elimination of Experiences division
President and CEO Eric Artz said the division served less than 0.4% of the company’s 40,000 customers in 2024.
Hosted on MSN
1d
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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