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Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
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sr. Manager - Technical - Garments Industry Background
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Customer Sales Executive (Female)
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PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
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Senior Technical Product Manager, Inventory & Order – Apla
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Senior Technical Product Manager, Finance – Apla
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Senior Technical Product Manager, Core Erp – Apla
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OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
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NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
Nov 8, 2016
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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.
 

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