More hours for diamond sorters

Tuesday, November 24, 2015

Workers in the local diamond cutting and polishing sector are set to work more days a year and longer hours, as part of efforts by government and companies to enhance productivity in the sector and compete with Asian rivals.

The news comes as workers in the sector continue in uncertainty, after market stress this year cost them at least 1,000 jobs.

At its peak, the industry employed 3,700 but this year alone, Moti Ganz, Leo Schachter, Eurostar, Shrenuj, Safdico, Zebra, Dalumni, Tiffany’s and Teemane have all shed large numbers of jobs due to an oversupply of diamonds set against flat demand.

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More hours for diamond sorters

Workers in the local diamond cutting and polishing sector are set to work more days a year and longer hours, as part of efforts by government and companies to enhance productivity in the sector and compete with Asian rivals.