Job Losses: Hmv Shops and Head Office

job losses: Under the deal, 100 HMV shops will remain open, protecting the jobs of nearly 1,500 workers across the stores and head office, according to The Guardian. However, the immediate closure of 27 stores will lead to 455 job losses. Doug Putman, who runs the Canadian retailer Sunrise Records, has bought the UK music and film chain after emerging as the leading contender over the weekend, heading off competition from Mike Ashley's Sports Direct. A further 122 warehouse jobs will go in the coming weeks. Closure of the flagship store on Oxford Street signals the end of HMV's presence on London's most famous shopping street after nearly a century. Q&A Which HMV stores are closing Show Hide Ayr Bath Bluewater Bristol Cribbs Chichester Exeter Princesshay Fopp Bristol Fopp Glasgow Byres Fopp Manchester Fopp Oxford Glasgow Trafford Merry Hill Oxford Street Peterborough Queensgate Plymouth Drake Circus Reading Sheffield London Wimbledon Was this helpful Thank you for your feedback. (news.financializer.com). As reported in the news.