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De Beers Shrinks Sales Team in Latest Cost-Cutting Drive
Summary by rapaport.com
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De Beers Shrinks Sales Team in Latest Cost-Cutting Drive
De Beers is carrying out substantial layoffs in its trading department as the diamond giant continues to respond to the market downturn, sources have told Rapaport News. The company has dismissed a significant number of salespeople, including several senior executives and key account managers, insiders said late last week. The move also coincides with parent company Anglo American’s preparations for a sale of its iconic diamond business. A De Be…
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