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NAI to Cut Costs
March 1, 2000
1 Min Read
NAI to Cut Costs
SAN MARCOS, Calif.--Natural Alternatives International (NAI) announced that,due to the loss of a large customer, it will be cutting costs in several areasby approximately 20 percent. The company in question, Nu Skin Enterprises Inc.,comprised 20 percent of NAI's revenue.
As a result of the loss, NAI cut its workforce by 20 employees (full-time).Several temporary production employees were let go as well.
Company president and chief executive officer, Mark LeDoux, said the companywould make up the revenue by diversifying its customer base.
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