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HMV chief executive 'asked to leave' amid 60 more job cuts

Administrator issues latest round of redundancies following store closure plan

The CEO of battling retailer HMV today left the company as administrator Deloitte announced sixty additional redundancies across its head office.

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Trevor Moore

Chief executive Trevor Moore had only been six months into his job when HMV fell into administration. He joined the firm in August last year following the departure of former boss Simon Fox after a six-year stretch. Moore's job prior was the CEO of camera retailer Jessops, which also went into administration this year.

CVG understands that Moore was made redundant and did not choose to resign.

Deloitte today confirmed that 60 redundancies have been made across the HMV head office network.

The new measure follows an announcement on Thursday that 66 HMV stores across the UK have been targeted for closure. (Click here for the HMV store closure list). The redundancy measure could result in the loss of more than 1,000 jobs.

"Following our announcement of the closure of 66 stores yesterday, it has been necessary to consider the head office support required for the reduced store portfolio," said joint administrator Nick Edwards.

"As a result of this review, a number of redundancies at the head office have been made. This has been a difficult decision, but a necessary one in restructuring the business. We would like to express our gratitude to staff for their continued support during the administration."

Restructuring group Hilco acquired HMV's debt last month after the company went into administration, effectively giving it control of the retail group.

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