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REI, Experiences business
'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.
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.
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.
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 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.
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,
14h
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 ...
1d
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 ...
14h
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' ...
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 ...
1d
REI Promo Codes: Save Up To 50% On Vuori, The North Face And More
No, REI does not typically allow you to stack coupons.
KUOW
2d
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 ...
GearJunkie on MSN
14h
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 ...
Opinion
18h
Opinion
REI members, vote for board directors who reflect co-op values
REI members and workers are the reason the company has become a global outdoor recreation leader. We can and should have a ...
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