Up to 1,700 Aussie workers risk losing their jobs just two days before Christmas following the collapse of a major security company.
It was revealed on Tuesday that MA Services Group, which operates nationwide, had entered voluntary administration.
Administrators Jason Tracy and Glen Kanevsky from Alvarez & Marsal said there had been ‘breaches’ of key licensing conditions.
This means the company can no longer legally perform core functions, triggering news of looming redundancies.
‘We recognise the seriousness of this…