×
98 916
Fashion Jobs
MACY'S
Asset Protection Detective, Bridgewater Commons - Full Time
Permanent · Bridgewater Township
MACY'S
Asset Protection Security Guard, Presidential Markets - Full Time
Permanent · Snellville
MACY'S
Asset Protection Detective, Santa Ana Mainplace - Part Time
Permanent · Santa Ana
MACY'S
Asset Protection Detective, Reno Meadowwood - Full Time
Permanent · Reno
MACY'S
Asset Protection Detective, Topanga - Part Time
Permanent · Los Angeles
BLOOMINGDALE'S
Asset Protection Outlet Supervisor, Outlets at Orange - Full Time
Permanent · Orange
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Roosevelt Field - Part Time
Permanent · Garden City
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Palmdale
KOHLS
Full-Time Loss Prevention Officer
Permanent · Pleasant Hill
KOHLS
Human Resources Generalist - Logistics
Permanent · DeSoto
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · West Des Moines
COTY
sr. Manager, Ecommerce Trade Mkting
Permanent · Los Angeles
COTY
Manager, Ecommerce Trade Mkting
Permanent · Los Angeles
COTY
Manager, Ecommerce Independents
Permanent · Los Angeles
GAP
Design Director - Women's Concept
Permanent · New York
SALLY BEAUTY CORPORATE
Warehouse Supervisor
Permanent · Justin
MARSHALLS
lp Detective
Permanent · Durham
KOHLS
Full-Time Loss Prevention Officer
Permanent · Elk Grove
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Huntsville
NORDSTROM
Asset Protection - Agent - Winter Park Square Rack
Permanent · Winter Park
NORDSTROM
Asset Protection - Agent - Millennia Crossing Rack
Permanent · Orlando
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Daytona Beach
By
Reuters
Published
Nov 8, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Canada's Dominion Diamond to move head office to cut costs

By
Reuters
Published
Nov 8, 2016

Dominion Diamond Corp said on Monday it would relocate its head office to Calgary, Alberta, in a move that would slash about 100 jobs and help the Canadian diamond producer save around C$19 million ($14.21 million) a year.


Dominion Diamond to relocate its headquarters to save millions of dollars - Dominion Diamond Corporation


The move from Yellowknife in Canada's Northwest Territories, where Dominion's Ekati mine is based, is expected to be finished in the middle of next year, it said.

"Although this was not an easy decision, it is necessary to support the long-term strength and viability of our operations," Dominion Chief Executive Brendan Bell said in a statement.

Diamond producers globally have been hit by waning demand and slumping prices after global demand for diamond jewelry hit a high of $81 billion in 2014 and production soared, leaving the market flooded by 2015.

Because of its remoteness, the cost of doing business in Canada's Arctic is high.

The company said it remains committed to ongoing operations at Ekati, including the development of the Jay Project. Dominion also owns a 40 percent stake in the nearby Diavik Diamond Mine, which is 60 percent owned by global miner Rio Tinto.

In moving to Calgary, Dominion follows in the footsteps of diamond producer De Beers Canada, which this year relocated its head office to Canada's oil capital from Toronto.

Dominion was not immediately available for comment.
 

© Thomson Reuters 2021 All rights reserved.