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Tribune News Service
Tribune News Service
Business
Lauren Rosenblatt

REI lays off 8% of HQ workers to hedge against 'increasing uncertainty'

REI has laid off 167 people from its headquarters, citing "increasing uncertainty" and a need to get back to profitability.

The layoffs affected 8% of the co-op's headquarters workforce and less than 1% of its total head count, President and CEO Eric Artz said in a letter to employees on Tuesday.

REI shifted to remote work in 2020, meaning there is no single headquarters location. The co-op has offices in Issaquah, Seattle and Sumner.

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