HMV boss goes in latest job cuts

Trevor Moore was one of 60 staff let go by administrators Deloitte across HMV's head office network
8 February 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.

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