David Yurman recently cut dozens of corporate jobs in New York.
The cuts began on June 30, the jewelry company said in a filing with the state’s labor department. the stated reason was “unforeseeable business circumstances prompted by COVID-19.”
The company had also implemented furloughs effectivee April 1.
A David Yurman spokesperson told WWD that the layoffs affected positions in the marketing, product development, engineering and finance departments.
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“These challenging decisions were made in order to ensure a healthy business for the future,” the spokesperson said.
It wasn’t immediately clear what percentage of the company’s workforce the layoffs represented.
