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Wednesday, June 10, 2009

WOWT.COM: Omaha's Borsheim's Cuts 13 From Work Force

Posted: 4:43 AM Jun 10, 2009
Last Updated: 4:43 AM Jun 10, 2009
Reporter: Associated Press

Even Warren Buffett can't escape the recession. The billionaire's Berkshire Hathaway-owned Borsheim's has laid off 13 employees.

Company spokeswoman Adrienne Fay on Tuesday confirmed the cutbacks at the jewelry company.

Borsheim's saw a good performance at Berkshire's annual shareholder meeting last month. But Fay says falling sales that began last November have forced the layoffs.

In a statement, Borsheim's President Susan Jacques called the layoffs devastating.


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