One is the 188-year-old grand dame of the retail world. The other is a 13-year-old tech darling. Are David Jones and Canva's troubles the 'canaries in the coal mine' for the Australian economy?
What the source said
“One is the 188-year-old grand dame of the retail world. The other is a 13-year-old tech darling. Are David Jones and Canva's troubles the 'canaries in the coal mine' for the Australian economy?”
On Wednesday, the Australian tech giant Canva told more than 1,200 staff around the world that they would lose their jobs. On Thursday, administrators took charge of David Jones.
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