The LAYOFFS START - More bad news for the Mountain Biking Industry

Articles Mentioned in this Video - https://www.bicycleretailer.com/industry-news/2024/02/02/vista-outdoor’s-revelyst-closes-some-locations-makes-layoffs-and-may-sell - https://www.bicycleretailer.com/retail-news/2024/01/25/report-rei-lay-357-employees-headquarters - https://www.bicycleretailer.com/international/2024/01/18/schwalbe-citing-tense-situation-industry-consolidates-production-vietnam More bike industry rumors (mentioned in video) - https://youtu.be/VNCRe0gu5-E?si=Uy8PyAXnJOki30B4 The mountain biking industry is seeing more issues as we leave Q4 2023. Popular companies like REI, Fox Racing, Giro and others are having to close offices and have layoffs to react to the decreased demand and sales. Now that these companies are having to report their earnings from last year, we are going to see more of this consolidation and layoffs as the projections for the mountain biking and cycling industry look to continue to trend downward in 2024. #mtbnews #cycling #foxracing Subscribe ► https://www.youtube.com/bike198?sub_confirmation=1 Free 138 page Riding Tips E-Book Download Here ► https://www.bike198.com/ramped-riding/ Tech and Smart Home Reviews ► https://www.youtube.com/rsutton1223?sub_confirmation=1 Car Channel Subscribe ► https://www.youtube.com/UCo9tqZ2NWaGQkygAa6mto2g?sub_confirmation=1 Music from Epidemic Sound - https://www.epidemicsound.com/referral/bmegj0/ This Video was shot with Sony A7 iii - https://amzn.to/2rq6jBF GoPro Hero 10 - https://amzn.to/3HDPNCR Sony ZV-1 - https://amzn.to/3oCmsBw Tamron 28-75mm/f2.8 - https://amzn.to/2EdQAwd Sony 50mm f1.8 - https://amzn.to/2KGnJ53 Sony 16-35mm - https://amzn.to/2k7lUSo Follow on Instagram - https://www.instagram.com/bike198_official/ Follow on Facebook - https://www.facebook.com/bike198/ Support our Affiliates JensonUSA - https://bit.ly/3lKnPu2 Competitive Cyclist - https://bit.ly/2H4epuG Backcountry - https://bit.ly/3j5Uvw6 Trek Bikes - https://bit.ly/3nYtf6E Social CBD - https://bit.ly/3k5NMDM