HMV Henry Street’s Twitter this afternoon.

Hilco Capital, the parent company of HMV Ireland and Xtravision shut up shop on the former at the end of last month, and have apparently gone into liquidation the night before they were due to settle up with staff.

This is not the workers’ first rodeo with HMV.

Meanwhile…

…and HMV Limerick staff have spoken on their treatment by Hilco to the ‘sheet.

“It was first of all hard to hear that your job was gone, but the promise of a redundancy payment from HMV made that a bit easier and would have given people a bit of breathing room financially, while looking for new employment.With that now delayed it makes this a very difficult time for the staff that put Trojan work in right to the end, as we always did, to ensure the store closures went as smoothly as possible.”

Brendan Miller

“As well as that I think it’s the fact that a conscious decision was made by HMV Ireland/Hilco to lie to its employees and promise them a timely redundancy which was never going to be paid out. That was to ensure we were not in a position to use any leverage against them to ensure we got paid.”

Damien Mullane

More as we get it.

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30 thoughts on “HmmmV

  1. jonotti

    Staff must have been shocked that their career in selling physical disks of music has ended like this.

          1. jonotti

            My comment was obviously mocking physical media so you’ve missed the point completely. Not surprising if you’re ex staff.
            It was pretty obvious from years back that these businesses had no future. A business without a future is not going to remain solvent for very long and insolvent business are not in a rarely position to pay redundancy payments.

    1. Sudsy

      It’s about hardworking people getting what they’re owed, not the shop closing. And discs is spelled with a c.

        1. ReproBertie

          Don’t challenge Jonotti! He has an international rugby cap and, if he can drag himself away from the supermodels, he’ll probably batter you.

  2. Jason

    Jonotti you have quite literally no idea what you’re talking about and are basing your opinions on vague notions & absolutely no research. Congrats on having bought some vinyl once though you smug twit

  3. Kolmo

    Who sat down in a HMV management meeting and pitched the great idea to f*ck the staff? Is this a business model they teach in hot-shot MBA school?

    1. Protectthe8th

      The company is insolvent. Of course there is no funds to pay redundancy. No company sets out to screw over their staff, unfortunately for both parties, the workers & the directors, they were running a company that was always going to fail. This can hardly be a surprise to the workers

      Thankfully they’ll receive statutory redundancy from the state.

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