How socialist is REI really? Are they like Mondragon? Seems not — workers do not own the company: https://en.wikipedia.org/wiki/REI_worker_organization I like experiments in having employees actually own companies, or make their own decisions, but the closest I see in the consumer facing sector is stuff like REI or Valve software maybe — and that is only at the pleasure of its actual owners. By contrast, HOAs and hou…
REI is Laying Off 275 Employees
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Re: REI is Laying Off 275 Employees
#32Earlier quoted context omitted.
They might call themselves REI "co-op", but a consumers' cooperative is really the polar opposite of representing the interests of workers. It's really just a shareholder owned company with a few steps removed in the middle.
In practice, the “co-op” stuff really just amounts to a run of the mill rewards program. I can’t tell any actual difference between it and various other “loyalty program” thingies, aside from that they force you to join it to buy anything from them.
Re: REI is Laying Off 275 Employees
#33Earlier quoted context omitted.
The whole co-op part of REI has always felt weird and forced and then when they started union busting it became clear they didn’t actually give a fuck about that part of themselves.
Unfortunately there's nothing amiss here: it's inherently in the interests of the consumers who own the co-op to exploit the workers who work there.
Of course I know it is a consumer co-op as a member but for some reason I’d always thought about it as pro worker because I associate “co-op” generally with the labor movement. Worker co-ops would be of course but that’s not the case here.
Re: REI is Laying Off 275 Employees
#34Re: REI is Laying Off 275 Employees
#35Consumer spending is getting hit hard and luxury campgear is easy to forego.
Re: REI is Laying Off 275 Employees
#36Since (IIUC from Wikipedia) REI is a member-owned co-op that elects the board of directors, does this decision to do layoffs reflect the interests of the members?
Re: REI is Laying Off 275 Employees
#37Re: REI is Laying Off 275 Employees
#38A Canadian company in the same space, Mountain Equipment Co-Op, was recently acquired by a hedge fund and is in the process of mutating into a for-profit company, to the dismay of many. https://www.outsideonline.com/business-journal/retailers/mec... Is REI being zombified the same way?
Re: REI is Laying Off 275 Employees
#39Earlier quoted context omitted.
You don't even really need gear to camp either.
I'm curious about this opinion, and I don't want to make a snarky joke. Can you elaborate how you camp without needing any gear?
Re: REI is Laying Off 275 Employees
#40Consumer spending is getting hit hard and luxury campgear is easy to forego.