MERIDIAN, Idaho — Scentsy announced Thursday it is eliminating 116 positions at its Meridian headquarters, which represents 11% of its workforce.
In a press release sent to KTVB, company officials said the decision to lay off those employees comes as the company adjusts to market conditions returning to pre-pandemic levels after experiencing rapid growth during COVID-19.
“During the pandemic, we experienced unprecedented hypergrowth and doubled our revenue in just one year,” said Scentsy Chief Executive Officer Dan Orchard. “This growth led us to hire nearly 1,000 employees and make substantial investments.”…