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REI announced this week it will close its "Experiences" business, eliminating hundreds of jobs. The Seattle-based outdoor adventure and apparel cooperative announced to its employees on Wednesday ...
In an email to his employees, REI President and CEO Eric Artz shared that in 2024, the division served approximately 40,000 customers, which is less than 0.4% of the Co-Op’s customer base ...
In an email sent to staff, REI’s president and CEO, Eric Artz, wrote that the company attempted multiple iterations of the program in an attempt to make it turn a profit before deciding to shut ...
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REI cutting 438 jobs as it closes travel, tours divisionSeattle-based REI announced on Wednesday it was closing the company’s Experiences division and eliminating the jobs of 438 employees. The division, which included adventure travel, day tours ...
More than 400 employees were expected to be laid off. REI’s president and CEO, Eric Artz, announced the news on Jan. 8 in an email to employees. "The reality is a thriving co-op requires a ...
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REI Lays Off 438 Employees, Shuts Down Experiences DivisionIn a message to employees, president and CEO Eric Artz said the Experiences business had been operating at a loss, serving only 40,000 customers in 2024—less than 0.4 percent of REI’s total ...
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REI CEO to retire in March, names successorIssaquah-based REI announced Wednesday that president and CEO Eric Artz will retire in March. Artz has been with REI for 12 years, including six as president and CEO. "We have accomplished more ...
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