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Helzberg Jewelers Cuts Staff.

Soft retail sales prompted Helzberg Diamonds to eliminate 21 jobs late last week, including 14 filled and seven open positions, company Chairman and CEO Marvin Beasley said Wednesday.


The company now has about 200 employees at its North Kansas City headquarters and about 2,500 employees overall at its more than 260 stores, Beasley said. The company made the headquarters cuts on Thursday.


Beasley said the company has no plans for further cuts.


"We think this is enough, and we think it's going to be OK," he said. "We don't know how deep this recession's going to be."

Helzberg Diamonds is a unit of Berkshire Hathaway Inc. (NYSE: BRK.A).


Posted by Barry Gutwein on March 19, 2008 12:12 PM in Jewelry Stores | Comments (0)

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