Further job losses at Maplin as hunt for buyer continues

The administrators for electronics retailer Maplin have announced further job losses after failing to find a buyer for the business.

The Rotherham-headquartered firm, which is owned by Rutland Partners and has more than 200 stores and around 2,500 staff across the UK, was put into administration at the end of February.

PwC has been handling the process and has now announced that a further 66 redundancies have been made at Maplin’s head offices in London and Rotherham.

Sixty-three head office staff were made redundant earlier this month.

There are currently 79 employees retained at head office, PwC said.

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