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 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 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 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 cuts staff, eliminates tour and events business
REI is eliminating its outdoor classes, events and tours this month as it looks to prune unprofitable parts of its business while struggling to break even. The Issaquah, Washington-based co-op will lay off 180 full-time and 248 part-time employees with the move,
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
A major local corporation announced plans to lay off over 400 employees in an elimination of a business division on Wednesday. REI will be shuttering its "Experiences" division, which employed 180 full-time employees and 248 part-time guides.
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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 ...
REI ends adventure travel business after losses
REI Co-op announced Wednesday it will discontinue its Experiences business, which includes adventure travel, day tours, and ...