Since (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?
> Board candidates are selected by the REI Board Nomination and Governance Committee. In earlier years, board elections were competitive elections, with both board-nominated and self-nominated petition candidates. In recent years, REI eliminated the opportunity for petition candidates and has nominated only as many candidates as open positions . Emphasis mine. Sounds like OfSanguineFire's comment is right. The Govern…
And if they are rejected, then the board appoints a temporary board member to fill the opening, with no membership input.