Over 150 staff at Sound Control Holdings were told that they had lost their jobs yesterday after the musical instrument retailer was forced into administration.
The company, which operates twenty-six stores in the UK, has an annual turnover of £50million and employees a total of 338 staff.
Administrators Deloitte said that the retailer had fallen victim to competition on the internet and that attempts to sell the company had failed.
Staff at the company’s stores in Scotland yesterday said they had no idea that the company was in trouble.
Speaking to the Daily Record, one employee said that receivers had told him to “’Go to the Job Centre’.”
Sound Control, which is based in Dumfermline, also operates stores under the name Media Tools, Turnkey and Soho Sound House.