The has taken a major toll on the West Midlands with almost 500 people losing their job on New Year鈥檚 Eve.
A total of 491 job lossses have been confirmed in the region, many of whom learnt of the company鈥檚 collapse on Christmas Day, now face a miserable New Year after a last-ditch bid to save the company failed.
While the majority were in the Coventry headquarters, a total of 141 other staff from this region lost their jobs out of a total of nearly 2,400 across the 海角视频.
Administrators at EY confirmed the job losses after deeming an offer made for the company had not been acceptable.
The RMT union said the failure to secure jobs at City Link, which went into administration on Christmas Eve, was 鈥渁 disgraceful and cynical betrayal鈥.
General secretary Mick Cash said: 鈥淭he City Link Christmas destruction is an act of industrial vandalism that shames our nation while the Government looked on and offered nothing but hollow words.鈥
In the West Midlands, there were 58 jobs axed in Birmingham, 350 in Coventry, 50 in West Bromwich and 33 in Stafford.
The Government has encouraged newly unemployed workers to go on Facebook to find job vacancies.
Business Secretary Vince Cable said: 鈥淭his is very sad news for the City Link workers and their families at a particularly difficult time of year. The Government has put arrangements in place to help employees who are made redundant and we stand ready to help.
鈥淐ity Link employees and self-employed drivers who have their contracts terminated as a result of City Link鈥檚 administration will be able to access the Government鈥檚 rapid response service, which draws together local partners such as Jobcentre Plus and the skills bodies to deliver support for each person affected.
鈥淚n addition, a Facebook page has been set-up to link-up companies holding suitable vacancies with those who have been made redundant, so if drivers can be redeployed into new jobs in this competitive buoyant market they will be.鈥
Earlier today Mr Cash disclosed details of a possible rescue, saying they had been 鈥渕ade aware of what we believe to be a credible bid to take over some or all of the City Link trading operation鈥.
But the administrators said this afternoon that an offer they had received 鈥渙ffered no money up front and significantly undervalued the assets to be acquired.鈥
They said: 鈥淭he Administrators proposed an alternative structure that would be acceptable and common in these situations.
鈥淭he consortium, despite attempts to make them reconsider, declined to amend their original offer.鈥
The administrators said 371 people have been kept on to deal with remaining parcels and to assist in realising the company鈥檚 assets and winding down its operations.
There are still 30,000 parcels waiting to be collected from City Link depots.
Customers who have sent parcels and intended recipients have been advised to collect their items between 8am and 8pm. Administrators expect depots to remain open until 鈥渁pproximately鈥 January 6.
