【Lesotho】GEM Diamonds Cuts Letseng Workforce by a Fifth
Editor’s NoteThis article highlights the harsh economic realities facing even producers of the world’s most valuable diamonds. As global demand…
workforce reduction
【Lesotho】Lesotho’s Biggest Diamond Mine Cuts 20% of Workforce as Price Slump Persists
Editor’s NoteThis article highlights the significant workforce reduction at Lesotho’s flagship Letseng diamond mine, a direct consequence of…
【France】LVMH Begins Cuts: Moët Hennessy to Adjust 10% of Its Workforce
Editor’s NoteLVMH, the world’s largest luxury group, is initiating a workforce reduction within its Moët Hennessy wines and spirits division, citing…
【Antwerp, Bel】US Diamond Company to Cut Half of Antwerp Workforce Amid Sector Crisis
Editor’s NoteThis article highlights the significant impact of synthetic diamond competition and shifting global demand on traditional diamond…