One of Northern Ireland’s most prominent jewellery retailers is to make more than 10% of its workforce redundant, it emerged last night.
Eleven jobs out of a total workforce of 98 are set to go at the family-run fine jewellery business, Lunn’s, which has been operating for over 50 years.
The diamond specialist has shops at Queen’s Arcade and Victoria Square in Belfast city centre and in Shipquay Street in Londonderry.
Management are thought to have discussed redundancy packages with staff and in a statement, the company said it regretted starting a consultation process, which would lead to a “small number of redundancies”.
Managing director Peter Lunn said the jewellery firm would continue to invest heavily in its showrooms, staff and brand, which is called Portfolio of Fine Diamonds.