IDEX Online, the diamond industry news and information site, said it is reorganizing its business, which involves reducing its workforce in Israel and adopting “additional efficiency measures worldwide.”
Erez Jacob Rivlin, an industry veteran who occasionally writes columns for the site, has been named interim CEO. Former CEO Noam Taube will remain with the company as a strategic adviser. Udi Cohen remains the company chair.
An IDEX statement said: “IDEX will soon launch a project designed to significantly benefit the global diamond industry. The company’s shareholders have demonstrated their commitment by investing over $1 million in 2025 alone.”
It added that the corporate moves were in response to the current challenges in the diamond industry, including declining diamond prices and U.S. tariffs.
(Photo courtesy of IDEX)
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