Birks and Mayors cuts staff by 15 percent
Montreal--Chain retail jeweler Birks and Mayors eliminated 73 positions on April 30, and has reduced its workforce by a total of 150 since the beginning of the year, a filing with the Securities and...
Former Jewelry Television executive sues company
Knoxville, Tenn.--A former Jewelry Television executive who was among a group of staffers laid off last May is suing the company for age discrimination, alleging that he was axed because he had cancer...
GIA cuts staff by 11 percent
Carlsbad, Calif.--In yet another sign of how the recession is impacting the jewelry industry, the Gemological Institute of America (GIA) has announced that it is cutting 11 percent of its U.S. staff...
Fortunoff files notice of layoffs with state
Albany, N.Y.--Bankrupt retailer Fortunoff Fine Jewelry and Silverware LLC gave New York state notice of its plans to conduct hundreds of layoffs, paperwork filed earlier this week with the New York...
De Beers planning staff cuts
London--De Beers has begun an operational review at its headquarters in London that will mean a reduction in staff, a De Beers spokesperson confirmed to National Jeweler on Thursday.
Positions remain unfilled at Sterling amid slowdown
Akron, Ohio--The recent layoffs at Sterling Jewelers Inc.'s headquarters represent a  small fraction of its workforce but are part of a larger reduction in staff in an effort to combat slumping...
Recession prompts necklace giveaway
Ventura, Calif.--In early February, Southern California-based retail jeweler Fox Fine Jewelry gave away 200 sterling silver necklaces to people who had lost their jobs or their homes.
Study: 2009 retail industry losses
New York--After an historic sales decline in the 2008 holiday season, many are predicting that the U.S. retail industry will shutter stores and layoff employees in large numbers in 2009.
Diamond industry players cut jobs amid slowdown
London--Mining company Rio Tinto and the Antwerp World Diamond Centre (AWDC) both are cutting jobs in an effort to save money amid the worldwide financial crisis.
ShopNBC, Jewelry Television announce layoffs
On-air retailers ShopNBC and Jewelry Television are among the latest jewelry-related companies to announce they are cutting staff as sales wane in the face of the global economic crisis.
Tough holiday leads to cutbacks, worse for chains
New York--A disappointing 2008 holiday season left the country's major retailers scrambling to cut costs in 2009, with numerous chains--including Macy's and Target--sending American workers to...
December retail sales drop 1.7 percent
New York--Slashing prices wasn't enough to entice consumers to spend this holiday season, as U.S. chain store sales fell 1.7 percent in December, compared with the same period last year, according to...
Crunched by economy, JCK magazine cuts five
New York--Industry trade publication Jewelers' Circular Keystone (JCK) laid off five staff members on Wednesday, including its editor in chief and two senior editors, JCK Publisher Mark Smelzer...