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.