66 more Maplin jobs as search for buyer continues

Maplin
ElectricalEmployment

Sixty-six more job losses have been announced at Maplin’s head offices in London and Rotherham while the search for a buyer continues.

The technology retailer entered administration late last month after Edinburgh Woollen Mill Group walked away from talks over a possible rescue deal at the last minute.

Although none of Maplin’s 217 stores have closed yet, redundancies are beginning to pile up after an announcement of a further 63 jobs losses earlier this month, throwing doubt over the 2400 remaining employees’ futures.

“It is with real regret that we have made this decision,” PwC joint administrator Toby Underwood said.

“We are grateful for the support of the employees during this difficult period and we will make every effort to help the affected staff, working with the Maplin HR team over the coming days.”

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1 Comment. Leave new

  • Mike Hunt 8 years ago

    There is no hope for the retail estate. PWC will cash in the stock and shut it down in a matter of weeks.

    Reply

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66 more Maplin jobs as search for buyer continues

Maplin

Sixty-six more job losses have been announced at Maplin’s head offices in London and Rotherham while the search for a buyer continues.

The technology retailer entered administration late last month after Edinburgh Woollen Mill Group walked away from talks over a possible rescue deal at the last minute.

Although none of Maplin’s 217 stores have closed yet, redundancies are beginning to pile up after an announcement of a further 63 jobs losses earlier this month, throwing doubt over the 2400 remaining employees’ futures.

“It is with real regret that we have made this decision,” PwC joint administrator Toby Underwood said.

“We are grateful for the support of the employees during this difficult period and we will make every effort to help the affected staff, working with the Maplin HR team over the coming days.”

Click here to sign up to Retail Gazette‘s free daily email newsletter

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ElectricalEmployment

1 Comment. Leave new

  • Mike Hunt 8 years ago

    There is no hope for the retail estate. PWC will cash in the stock and shut it down in a matter of weeks.

    Reply

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