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GIA Cuts 151 Jobs in Carlsbad, CA

The job cuts take effect in mid-September.




The Gemological Institute of America is eliminating  151 jobs at its headquarters in Carlsbad, CA.

A spokesman for GIA cited a downtown in gem submissions for grading “because of the general economic conditions affecting the global gem and jewelry trade,” the San Diego Union Tribune reports.

A variety of jobs are being cut, ranging from diamond graders to librarians, according to the report.

The job cuts are effective mid-September.

After the layoffs, GIA will have about 600 employees in Carlsbad and 3,500 in total.




This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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