Nu Skin lays off 5% of its employees, Provo employees affected

Dec 18, 2023, 6:24 PM | Updated: May 30, 2024, 9:08 am

Heidi Isbell boxes up Baby Your Baby packets as part of Nu Skin's annual Force for Good Day. Beauty and wellness multilevel marketing company, Nu Skin said it has laid off 5% of its employees across the country. Photo by Stuart Johnson (Submission date: 06/03/2005)

(Submission date: 06/03/2005)

BY DEVIN OLDROYD

Digital Content Producer

PROVO, Utah — Beauty and wellness multilevel marketing company, Nu Skin said it has laid off 5% of its employees across the country.

A spokesperson for the Provo-founded company said 5% of Provo employees have been impacted by the layoff. The exact number is not known at this time.

In November the company announced it had “softer than expected” third-quarter results.

“Although we are disappointed in the third quarter results … we are encouraged by stabilization and modest growth in three of our Nu Skin reporting segments, highlighted by double-digit gains in Europe/Africa,” said Ryan Napierski, president and CEO of the company in a press release.

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Nu Skin lays off 5% of its employees, Provo employees affected

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