I planned to get out to the studios this afternoon, but a bunch of phone calls re this stopped me:
Axium International, the industry's largest payroll services providers as well as a source for production and gap financing, has closed its doors indefinitely.
The company's home office on Wilshire Boulevard as well offices in Burbank, New York, Vancouver, Toronto and London are quiet, with employees told via e-mail not to show up to work starting Tuesday.
Cartoon Network has payrolled through Axium like forever. Ditto Richcrest Animation.
I'm informed Starz Media (Simpsons, King of the Hill, etc.> recently moved its payroll operations from the payroll company Entertainment Partners to Axium. Today I've been told Starz Media has moved its payroll back to Entertainment Partners.
They sort of had to. There's not much of anybody at ol' Ax to answer the phone.
Right now we're in the process of trying to sort things out from our end of things. There's a bunch of pension contributions that need to be made, and our goal is to insure that nobody gets shafted in the fallout from all this.
There's lot of speculation about why Axium went down so abruptly, but no hard facts. I'm guessing there was a chronic cash flow problem.
9 comments:
Did you work in the CA or NY office? My dad got 'ax'ed from Axium after 10 years of loyalty. He is dumbfounded over the abruptness and has been rushed find another job (seeing as now there is NO income in his household). I am desperately trying to find him work and recently found him health coverage cheaply as COBRA is not an option. This truely stinks!
Payroll Solutions for those affected by the
ENSEMBLE CHIMES ECG bankruptcy
Pegasus is a privately held Computer Systems Consultancy and professional IT Staffing/Payroll firm. Our network of fortune 500 companies and highly qualified candidates has allowed us to bridge relations effectively for short and long term employment opportunities.
We have been providing solutions for contract management across North America since 1987.
ATTENTION CONTRACTORS AND COMPANIES AFEECTED BY ENSEMBLE CHIMES EDG BANKRUPTCY
During this critical time, Pegasus Consulting Inc. is providing these affected companies and staffing vendors an immediate transitional payroll service. We will also assume direct accountability of 1099 classifications and management of contract administration and payroll. This will be a quick and simple transition of payroll workers and improved employee benefits.
For more information, please contact Pegasus Consulting Inc.
Valentina Zupo
416 488-7007 x 234
vzupo@pegsoft.com
www.pegsoft.com
Talk about a major day 'bummer'.
The powers that were at Axium embezzled millions from the company, bought homes in other countries, and moved there. You'll never see them in America again.
"Money corrupts absolutely".
Fish
ATTENTION CONTRACTORS AND COMPANIES AFEECTED BY ENSEMBLE CHIMES EDG BANKRUPTCY
During this critical time, Pegasus Consulting Inc. is providing these affected companies and staffing vendors an immediate transitional payroll service. We dell precision m65 battery dell inspiron 6000 battery will also assume direct accountability of 1099 classifications and management of contract administration and payroll. This will be a quick and simple transition of payroll workers and improved employee benefits.
Good post about payroll services...
Regards,
http://www.saibposervices.com/Back_office_services.aspx
Payroll services
There are convinced costs that are a given when running a staffing company. The main costs associated with the business relate to payroll and insurance. So I am looking for outsourcing payroll cost effective company. Please give me your suggestions.
There's a bunch of pension contributions that need to be made, and our goal is to insure that nobody gets shafted in the fallout from all this.-payroll services Montreal-
For more information visit
northampton payroll services
Post a Comment