Jewelry Television Eliminates 30 IT Jobs
November 13th, 2008 Posted in DRTV Retailer
The retailer informed 30 information technology staff members that their positions were being eliminated yesterday, as part of the company’s effort to contend with the challenging retail environment and slumping jewelry sales, in particular. JTV laid off 150 staff members last spring, and said that additional workforce reductions may be necessary in the first quarter of 2009. The cuts at JTV, combined with the far larger reduction at QVC, made yesterday something of a Black Wednesday for the direct response, network television business. WBIR TV-10 (Knoxville, TN) Nov. 12, 2008
