Headlines

David Yurman Lays Off 98 Workers in New York

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.

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

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