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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 14 at Gaerwen, Anglesey. 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 downWinding 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.