Monday, January 21, 2008

Axium Screws Hollywood

This story is a few weeks old now, but the newest trouble in Los Angeles has been Axium's bankruptcy; a lot of companies out here, including the one I work for and several of the studios, use Axium for payroll services. They just killed a lot of paychecks; add that to lower wage workers who may be feeling the pinch from the strike, and you have one hell of a mess.

I don't know how ubiquitous Axium is; do parts of the country other than California use them? The newest concern, as tax season draws near, is that they won't be issuing W-2s, so now we have to use our final pay stubs to pay our taxes. Joy, because getting audited sounds like a blast.

Defamer has a fun list of articles detailing the Axium meltdown; they're sorted in reverse-chronological order.

1 comments:

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