Ten people are at risk of losing their jobs after mobile phone sales company Phones 4U entered into administration on Sunday.
The telecommunications company has 550 stores across the United Kingdom and employs 5,596 people.
One worker, who asked not to be named said he was devastated at the news.
“We had a bit of an idea that this was coming but we thought we would see the other side of Christmas.
“There’s no nice time to lose your job and while nothing is set in stone at the minute we are not hopeful.”
He added: “I’ve been working there for a while now and I have enjoyed every minute of it. It’s a real shame because all we seem to be hearing about Derry these days is about the number of jobs going instead of the number being created.”
When contacted by the Derry Journal yesterday afternoon a spokesperson for Phones 4U said all if the company’s store will remain closed until the administrator, in this case PwC, decides to re-open them again.
“Phones 4u stores will be closed pending a decision by the administrators on whether the business can be reopened for trading.
“Phones 4u has been informed by EE that it will not be renewing its current contract, due to end 30 September 2015. This decision by EE, which quickly follows a similar recent one by Vodafone, means that Phones 4u is suddenly in a position where it will be without a mobile network partner when the current contracts expires.
“The unexpected decisions by both Vodafone and EE have come as a complete shock to the business.”
Phones 4U had two stores in Derry; one in the Crescent Link Retail Park and the other in Foyleside Shopping Centre.