REI Lays Off More than 300 Employees as It Warns About Rocky 2024

January 26, 2024

CEO Eric Artz notified employees in a Jan. 25 letter that the outdoor retailer would lay off 357 people across its organization, including 200 corporate employees at its Sumner, Wash. headquarters and 121 in its distribution centers.

The news follows Nike’s December announcement to “streamline” its organization and cut costs, partly via layoffs. Google and Amazon have also announced fresh job cuts for 2024. FN