This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/uk-wales-30603563
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
City Link parcel delivery jobs in Wales at risk | City Link parcel delivery jobs in Wales at risk |
(35 minutes later) | |
Ninety City Link parcel delivery jobs in Wales are under threat as the firm goes into administration. | Ninety City Link parcel delivery jobs in Wales are under threat as the firm goes into administration. |
Its 2,727 staff at more than 50 depots across the UK have been warned to expect "substantial redundancies" following the move on Christmas Eve. | Its 2,727 staff at more than 50 depots across the UK have been warned to expect "substantial redundancies" following the move on Christmas Eve. |
The firm employs 44 people at Taffs Well, near Cardiff, 30 in Swansea and 16 at Gaerwen, Anglesey. | |
City Link depots will stay closed until Monday when customers and recipients will be able to collect parcels. | City Link depots will stay closed until Monday when customers and recipients will be able to collect parcels. |
The firm's online parcel tracking system remains live and a phone helpline will be open on Saturday and then from 29 December. | The firm's online parcel tracking system remains live and a phone helpline will be open on Saturday and then from 29 December. |
Winding down | Winding down |
The RMT union told its members on Christmas Eve that it understood that wages owed up to 31 December would be paid, but any further payments were not guaranteed. | The RMT union told its members on Christmas Eve that it understood that wages owed up to 31 December would be paid, but any further payments were not guaranteed. |
City Link, owned by investment firm Better Capital, called in administrators Ernst & Young because no buyer had been found to save the company. | City Link, owned by investment firm Better Capital, called in administrators Ernst & Young because no buyer had been found to save the company. |
Ernst & Young said some staff would be retained to return parcels to customers and help with winding down the company. | Ernst & Young said some staff would be retained to return parcels to customers and help with winding down the company. |
Founded in 1969, City Link said on its website it had annual revenues of approximately £300m, a fleet of 1,700 vehicles and delivered 60 million items across the UK and worldwide each year. | Founded in 1969, City Link said on its website it had annual revenues of approximately £300m, a fleet of 1,700 vehicles and delivered 60 million items across the UK and worldwide each year. |
Previous version
1
Next version