Comet administrators swing axe on 330 staff

One week after being appointed Comet's administrators have made 330 staff redundant as the struggling retailer looks to trim costs

A week after being appointed the administrators for Comet have announced plans to make 330 staff redundant but has not swung the axe on the hundreds that work in the stores.

The job cuts are coming at the head office and in support centres rather than in stores, which continue to trade as the hunt for a buyer continues.

The majority of those going work in head office and central functions, such as finance and marketing, in Rickmansworth (99) and Hull (53), or the call centre in Clevedon (42).

Comet appointed administrators last Friday after it conceded that it could not continue to struggle in a tough market and yesterday started what has been described as a 'fire sale' as it tries to shift the existing stock in the stores.

Initially there were fears that not far off 7,000 staff could face redundancy but so far only the 330 have been announced. Earlier this week it emerged that Dixons was courting its workers rivals offering Christmas jobs to a potential 3,000 over the next few weeks.

Neville Kahn, joint administrator, said that no other redundancies were planned: “All 236 Comet stores continue to trade as normal, and staff will continue to be paid for the work they do while Comet is trading in Administration.".

“We are in discussions with a number of parties who have expressed interest in parts of the business and we continue to work hard to preserve jobs.  An in-store sale across all stores commenced yesterday, and will continue through the coming weeks. We are pleased with the response so far, as the discounts have helped generate record levels of sales," he added.



Find more MicroScope+ content and other member only offers, here.



Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to: