An Australian technology company has collapsed, notifying all staff by email that their jobs are gone.
melbourne-based E-Mersion Media (Aust) Pty Ltd, which had won big contracts with Formula 1 and world footballing body FIFA, has gone into liquidation.
Registrar Kim Woronzcak ordered that the business be placed into liquidation ‘on the grounds of insolvency‘ in the Victorian Supreme Court on Tuesday.
It is understood that the company, which was in the business of digitising print magazines, owes more than $13million to creditors.
Its parent company in the UK is still operating, but The Commissioner of State Revenue started winding up proceedings against E-Mersion Media (Aust) Pty Ltd in March.

An Australian tech company has collapsed and all staff have been sacked via email

E-Mersion Media (Aust) was ordered into liquidation by the Victorian Supreme Court
Staff were informed via email that they had been terminated, effective immediately.
One woman, who spoke on the condition on anonymity, said she had feared the company was on the brink of collapse for a while.
‘It’s incredibly stressful, you’re waiting for the penny to drop constantly. You’ve always got this low level anxiety,’ she told news.com.au.
Mathew…