Lehi-based XanGo cuts 10 percent of workers – 2nd Layoff since March ’07

by louabbott on March 13, 2009

Salt Lake City, UT, USA – March 13, 2009

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Xango laid off about fifty employees, a little less than 10% of its work force … global economic conditions led it to re-evaluate its operations … “We are reallocating resources to position ourselves for the future, recognizing the reality of the economy,” said Bob Freeze, vice president of public relations … layoffs are signs of stress in
the multilevel marketing MLM industry that generally touts itself as resistant to recessions because people who lost jobs or who are looking for more income sign up as distributors … Tahitian Noni of Provo announced a remake of its executive team in February, “part of a new strategy of organizational alignment” … MonaVie of South Jordan, another fast-growing juice drink company, has not had layoffs and continues to see year-over-year growth … A fourth nutritional fruit juice company, Zrii LLC of Draper, recently had its executive management team leave and several top distributors were let go after accusing owner and CEO Bill Farley of financial mismanagement …

Also, read our company overviews:  XanGo Facts, News and Review; Tahitian Noni Facts, News and Review; MonaVie Facts, News and Review; Zrii Facts, News and Review

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