The sit-in by 24 workers at the Cork depot of Target Express has ended.

The workers left the depot after receiving assurances that everything possible was being done to speed up the payment of their statutory entitlements.

They were also assured that they would be assisted in seeking social welfare payments in the short term.

Liquidator Gearóid Costelloe praised the workers and said they had handled the situation extremely well.

Mr Costelloe said the workers were also told that there were a number of potential purchasers interested in Target and that it was important that all assets of the company were freed up to allow any sale to go ahead.

He said talks with these companies would commence immediately, adding that he was hopeful that a sale would take place.

When asked if it would secure many of the jobs, he said he was optimistic.

In a statement, the liquidators said that if a sale is to take place, it will occur before the coming weekend.

The statement added that the provisional liquidators are actively engaging with all interested parties.

Earlier, former Target Express workers were told that they could be waiting up to four months to receive payments due to them.

Minister for Communications Pat Rabbitte said the manner in which the collapse of Target Express was handled was completely unacceptable.

He said the Government had no idea the company was at risk, and he was "completely taken aback" when he heard it was shutting down on Monday.

Speaking on RTÉ’s Morning Ireland, Mr Rabbitte criticised the lack of communication with Target workers and said it was a tragedy that 390 people would lose their jobs.