Around 190 jobs have been cut at troubled music and DVD retailer HMV's head office and distribution network.
Administrator Deloitte, appointed to run HMV on 15 January, said no job losses had been made at any of the high street shops.
Nick Edwards, joint administrator, said: 'Since our appointment as administrators over two weeks ago, we have been assessing the financial position of HMV.
'Following this review, a number of redundancies at the head office and distribution centres have been made. Although such decisions are always difficult, it is a necessary step in restructuring the business to enhance the prospects of securing its future as a going concern.
'We have been very pleased with the level of interest in the business as a going concern, whilst the response from customers has demonstrated the demand to see HMV remain on the high street. Equally, the support received from suppliers has been very positive and has enabled us to continue trading during the administration.
'As a result of all of these factors, I remain hopeful we will be able to secure a future for a restructured business.'
Late last month, restructuring outfit Hilco bought the debt of HMV from the group's lenders, Lloyds and Royal Bank of Scotland, to take effective control of the brand.
The London-based distressed business specialist already owns HMV Canada, which it bought from the HMV group in 2011 for £2m. This existing relationship is set to resonate favourably with suppliers who will probably give HMV's new UK operation more favourable credit terms.
Hilco is believed to have paid substantially less than HMV's estimated £176m debt to acquire the business because the chain is in administration.
Yesterday, employees at HMV announced on the company's official Twitter account their own "mass execution".
A member of staff tweeted: 'We're tweeting live from HR where we're all being fired! Exciting!! There are over 60 of us being fired at once! Mass execution of loyal employees who love the brand.'