icScotland - HMV boss goes in latest job cuts
icScotland logo
icScotland News Sport icHomes
Search icScotland for:
Today's UK news
News  UK  Today's UK news  Article

HMV boss goes in latest job cuts

16:05, Feb 8 2013

 

HMV boss Trevor Moore has become the latest casualty of another swathe of redundancies at the failed music chain.

Mr Moore was one of 60 staff let go by administrators Deloitte across HMV's head office network at Eastcastle Street in London, Marlow and Solihull.

The job losses come on top of the announcement that 66 of its 220 shops are to close over the next two months, impacting 930 staff.

Mr Moore's exit comes weeks after he said he was "convinced" the future of the chain could be secured.

On the day HMV went into administration, he said bosses remained "passionate" about the retailer and would "like to be involved in the business going forward if the opportunity presented itself".

Talks are continuing between Deloitte and restructuring firm Hilco - the group behind HMV Canada - which has already bought the company's debt. But any rescue attempt will see HMV emerge as a far smaller business.

Nick Edwards, joint administrator, said the redundancies were a "difficult decision, but a necessary one in restructuring the business".

Mr Moore - who also previously headed up failed camera chain Jessops - was the last of the board members to be made redundant after HMV hit the wall last month. Deloitte announced 190 job cuts last week in the first wave of redundancies.

Workers took over the company's official Twitter account to announce that their jobs were being axed, describing it as a "mass execution of loyal employees".

But there was better news for 200 staff at the collapsed group this week after Deloitte offloaded its remaining entertainment venues.

 
Man in court over Hyde Park blast
Police killer's prison van crashes
Court orders 'new' Iraq abuse probe
Report fuels imported energy fears
Pair bailed over 'Woolwich tweets'
Soldier's death cause 'unconfirmed'
Smoking plane in emergency landing
BA plane makes emergency landing
Two arrested over Twitter comments
River drama as bridge collapses
Donation surge crashes Heroes site
People in water as bridge collapses
Mother and girl 'killed by fumes'
Scouts to admit gay youngsters
Slain soldier 'a loving family man'
Boy Scouts vote to accept gay boys
Warning over child access to porn
'Smart shoppers' cutting food bills
Superb tops car owners' favourites
Charity warns of 'bailiff boom'
Top Top

Back Back

E-mail this article to a friend

Printable VersionPrintable version

 
News  UK  Today's UK news  Article
 


Copyright and Trade Mark Notice
© owned by or licensed to Scottish & Universal Newspapers Limited 2013.
icScotland™ is a trade mark of Scottish & Universal Newspapers Limited.
Please read our Terms and Conditions and Privacy Statement before using this site.

 
Advertisements
 
Jobs in Scotland: