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De Beers

25
employees affected
Media Report

De Beers has begun workforce reduction talks with approximately 5% of employees at the Gahcho Kué diamond mine in the Northwest Territories, affecting around 25 workers out of the mine's 500-person workforce. The layoffs result from the company's decision to pause the Tuzo Phase 3 expansion project due to challenging rough diamond trading conditions and market uncertainty.

Key Facts

Announced Date
February 20, 2026
Province
Northwest Territories
City
Yellowknife
Industry
Energy
Laid Off
25
Percentage
5%
Company Type
private
Source
News Media

Company Info

English Name
De Beers

Raw Data (1 source article)

De Beers confirms workforce reduction talks underway at Gahcho Kué

CBC·Feb 20, 2026