Pat

The Colum McGrath Breakfast Show

NOWCandi Staton - Young Hearts Run Free
advertisementspot_img

300 jobs lost with HMV store closures

HMV’s 16 Irish stores are to close, with the loss of 300 jobs.

The news comes after the music chain’s receiver in Ireland issued a statement today, confirming that the shops – which had been temporarily closed – will not reopen.

- Advertisement -

Deloitte says the stores had been closed by HMV prior to receivership, at which point the 300 staff were placed on temporary lay-off – they will now be made redundant.

The news is not unexpected, but will be greeted by disappointment by workers who had hoped a buyer could be found.

The receiver says all of the stores were loss making and it was not possible to attract a purchaser.

 

advertisementspot_img
advertisementspot_img
advertisementspot_img