Headlines

GIA Cuts 151 Jobs in Carlsbad, CA

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.

INSTORE Staff

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