HMV is merging the marketing departments for Waterstones and HMV. Because, frankly, selling books is almost identical to running a youth club, right?
Still, Gennaro Castaldo is keen to calm down fears this might be an 'efficiency' measure:
Gennaro Castaldo, spokesperson for HMV, said: “I'm pleased to say this is not about cuts or job losses - it's about finding a better way of working together as brands to achieve synergies and to make the most of the resources available to us.Mmm. Brand synergies. And, you know, if someone loses their job, well, that's only more or less screwing up their lives. More or less.
“There are potentially a couple of vacancies or new positions, while one role may go, so there are more or less just as many heads supporting both brands as there were before - just under 50 in total.”