The retailer’s administrative failure earlier this month has resulted in the layoff of numerous employees at M&Co’s Scottish headquarters.

Up to 35 employees at the troubled value retailer’s head office in Inchinnan, Scotland, reportedly lost their jobs, according to the industry reporters Drapers.

Employees across all aspects of the business have been made redundant, including its marketing department, IT department, and production studios.

READ MORE: 1,900 JOBS AT RISK AS M&CO PLUNGES INTO ADMINISTRATION

The appointed administrator, Teneo Financial Advisory said there had been layoffs, but withheld specific numbers.

Around 180 UK-based M&Co outlets went out of business earlier this month as a result of mounting costs.

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The administrators Teneo are looking for a buyer for the company.

Source: Retail Gazette

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