Borsheim’s Lays Off 5% of Workforce

Luxury jewelry retailer Borsheim’s has laid off 13 people, or %5 of its workforce. It now has 267 employees.

These are the first layoffs in the firm’s 139-year history.

Borsheim’s Fine Jewelry is a jewelry store in Omaha, Nebraska. The store was founded in 1870, and has grown to become one of the largest independent jewelry stores in the nation. The store has been a subsidiary of Berkshire Hathaway since 1989.

Borsheim’s single 62,500 square-foot store anchors the upscale Regency Court mall in Omaha. It plays a starring role in Berkshire’s annual shareholders meeting, hosting an enormous party each year.