HMV has made a further 60 members of its HQ redundant, including the firm's CEO Trevor Moore.
It follows yesterday's news that 66 stores are being closed, impacting 930 employees.
Mark Hodgkinson, the firm's new marketing director, is also part of the redundancies.
45 of the staff are from the firm's central head office in London, while a further 15 are from other offices around the country. According to an MCV source at the firm only a 'skeleton crew' remain, and some of the departures have been from the company's video games team.
Trevor Moore only joined HMV last September. The former Jessops boss replaced Simon Fox as CEO.
HMV is fighting for survival having entered administration last month. Hilco UK is expected to purchase the firm having bought the company's debt, but there's still no news of a buy-out.
UPDATE: MCV understands that HMV's games team is now down to just two people.