Friday, January 25, 2008

Axium Bankruptcy

Managed Staffing, a national provider of vendor managed services, announced today that it has established a Transition Services Team (TST) to provide a seamless transition model for companies and employees affected by the sudden closing of Ensemble Chimes Global, an Axium International Company. Chimes Global closed after it filed bankruptcy on January 10th. It was a leader in contingency labor management and payroll services. The unexpected closing left a number of companies and employees without paychecks or payroll services and has placed millions of dollars in payroll deposits and tax monies in limbo.

Nobody saw it coming. This has left a huge hole in the market for thousands of employees whose payroll was dependent on Chimes," said Ron Abell, Executive Vice President of Managed Staffing. "Our TST is set up to reach out to companies and individuals who have been impacted by the Chimes event, and to help them minimize the disruption in their workforce staffing and payroll operations."
Those companies affected still have payroll and tax liability obligations, and Managed Staffing is positioned to assume immediate responsibility of all 1099's, contract administration and payroll functions. Managed Staffing also offers competitive benefits, vendor-neutral solutions and a comprehensive suite of contingent workforce solutions.

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