Struggling REI Lays Off Hundreds and Shuts Down Tours and Events Division
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-based co-op will lay off 180 full-time and 248 part-time employees with the move, according to an email from CEO Eric Artz sent to employees Wednesday. Sixty-seven Washington-based…
