A rail company is ending its direct services between North Wales and London.
Wrexham, Shropshire, Marylebone Railway (WSMR) blamed the “unprecedented economic environment” as a contributing factor.
Other jobs in the industry are being sought for its 55 employees. WSMR says all wages and full redundancy entitlements will be paid.
In a letter handed out to passengers at Wrexham General station on Wednesday morning, Wrexham and Shropshire chairman Adrian Shooter said the firm lost £2.8m in 2010.
He said: “We have done everything possible to try to reduce the losses.
“We have reached the conclusion that the business has no prospect of providing a return on investment.”
The Rail Maritime and Transport union have described the decision is a “bitter blow” to the railway industry.