It’s not clear yet the size of the staffing reductions at Nu Skin, but they mark another in a series of large layoffs at Utah companies this year.
Nu Skin’s CEO Ryan Napierski said in a statement earlier last month that the company’s second quarter revenue was “softer than expected” with ongoing complications due to COVID-19 and stress in Europe with the conflict in Russia and Ukraine.
Several employees announced on LinkedIn this week, though, that they were being let go from the company. “I was laid off from Nu Skin today,” another staffer wrote. “After 16 years I was informed that reductions in spending have cut investments in my area and that means my position has been eliminated as well.”
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