ym group redundancies

Management have abandoned the site.. . The Protection of Employment Acts, 1977 - 2014 make it mandatory for employers proposing a collective redundancy: to engage in an information and consultation process with employees' representatives and. There are lots of odd things about the current situation at YM Group, where more than 500 people are out of work after the sudden fall into administration of its three web offset sites. The collapse of printing firm YM Group has caused disruption to the distribution of TV Choice, while national publishers have assured retailers it will have no direct impact on them. More than 500 staff were made redundant with immediate effect. AWS provides a highly reliable and scalable infrastructure platform, which powers hundreds of thousands of businesses in 190 countries . Registered Office: 32 Enterprise Avenue, Tiverton, Devon, England, EX16 4FP. One source, who asked not to be named, confirmed production for the 5 April issue of TV Choice was only running to at least 80% of its normal capacity, following the collapse. This website uses cookies to improve your experience. 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Learn more. Click here to apply to State Division Administrator 17. and both meet and comply with their provisions. The state also offers long-term-disability insurance that can provide continuing benefits if an injury or illness prevents employees from working. Bonus Programs:Eligible employees with five years of service also receive annual longevity bonuses that grow as seniority increases. Sources said that staff there now plan to mount a picket of their own at Lettershop to stop anything going in or out, as theres 1.2m worth of stock inside. 2023 CareerBuilder, LLC. free weekly e-newsletter. Administrators take charge at YM web plants, extent of the group's problems became clear last week, Crunch time at YM Group as sites put up for sale. Please, activate it in the options of your browser. The companies had been subject to an accelerated marketing process in recent weeks to secure a buyer. Only those applicants interviewed will be notified of the results. For the assigned area, the Division Director is responsible for the coordination and direction of work for a team of both state employees and contract staff. InPublishing Ltd, Hawthorns, Station Road, Eynsford, Kent, DA4 0EJ, England, About InPublishing|Contact Us|Advertise|Authors, By using this site you accept our use of cookies to improve your user experience. Recent Posts. You can trust YM. Salaries, reviews, and more - all posted by employees working at YM Group. AWS is divided into geographic Regions, which are physical data centers. Many State of Michigan jobs offer alternate work schedules and remote-work options that can help give the flexibility you need. Currently, YM runs in at least three Availability Zones and utilizes additional Availability Zones when necessary (with the ability to scale up to seven). What's he waiting for? Hear all the latest news from across the UK on the hour, every hour, on Greatest Hits Radio on DAB, at greatesthitsradio.co.uk, and on the Greatest Hits Radio app. However, without the prospect of investment or a sale, the companies have ceased to operate and the majority of 512 staff have been made redundant. VideoRescuers search wreckage of deadly Greece train crash, Blackpink lead top stars back on the road in Asia, 'Wales is in England' gaffe sparks TikToker's trip, Ukraine war casts shadow over India's G20 ambitions, Record numbers of guide dog volunteers after BBC story. Phil Pierce, partner at FRP Advisory, said: "This has been an incredibly challenging period for the printing sector and York Mailing, YM Chantry and Pindar are no longer able to continue trading. In total, 6 import manifest records have been entered for Ym Group Of Companies since January 2018. At York Mailing, sales were just above 26m for the same period, with a 2m profit and 108 staff. "Regrettably, the insolvency has led to redundancies at what we know will be an extremely difficult time. Duties are met with a combination of daily, weekly, monthly, quarterly, and annual activities. The state will automatically contribute an amount equal to 4% of your pay to a 401(k) account. National newspaper publishers promised retailers their titles would not be hindered. The State of Michigan is not able to offer employment to out-of-state applicants that do not plan to relocate. Pindar, based in Scarborough, is one of the three companies which have ceased trading. privacy and protection, The state also covers a life-insurance benefit of two times employees annual salary (up to $200,000). What followed perfectly illustrates that old adage about the high cost of a cheap price. The Division Director will ensure policy and compliance requirements are met. Our business is to provide our clients with management solutions that help their properties operate smoothly, increase in . The three companies are all part of the YM Group. York Mailing Ltd, based at Brinkworth Rush Airfield Business Park in Elvington, is part of the Leeds-based YM Group. Necessary cookies are absolutely essential for the website to function properly. Another long-standing employee at the site told Printweek: They have treated us like shit and havent told us anything. Pierce commented: This has been an incredibly challenging period for the printing sector and York Mailing, YM Chantry and Pindar are no longer able to continue trading. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. YM Groups printing subsidiaries are responsible for printing some of Reachs titles, such as New! The EC2 locations are called Availability Zones. At 9am today they downed tools because they havent been paid. Last week, FRP Advisory was appointed as the administrator for three of YM Groups printing firms in Scarborough, York and Wakefield. magazine, which has moved to another printer. These cookies will be stored in your browser only with your consent. The Registered Agent on file for this company is Csc-Lawyers Incorporating Service (Company) and is located at 601 Abbot Road, East Lansing, MI 48823. T: 0113 220 4411 State employment also offers rewarding careers where you can help Michiganders enjoy better lives. YM LLC USA is a Michigan Foreign Limited-Liability Company filed on June 5, 2013. Education level typically acquired through completion of high school and three years of safety and regulatory or law enforcement experience at the 14 level; or, two years of safety and regulatory or law enforcement experience at the 15 level, may be substituted for the education and experience requirements. Sally Churchill . "Regrettably, the insolvency has led to redundancies at what we know will be an extremely difficult time. City. Nearly. A small number of staff have been retained to assist the joint administrators in their duties. In a statement, administrators added that this had happened after a period of rising costs and "significant period of challenging trading that had been exacerbated by the impact of the pandemic". But then, Goodman and Richardson would surely have been aware of that as they are, as previously observed, accountants. To unlock your profile and take advantage of all features on CareerBuilder.com, you need first to upload or build a resume, Print ([ Link removed ] - Click here to apply to State Division Administrator 17, NON-EXCLUSIVE REPRESENTED EMPLOYEE (NERE). to notify the Minister for Enterprise, Trade and Employment of the proposed collective redundancy. Sales are 114.8m, operating profit is 1.65m (prior to exceptionals, 64,000 after), bottom-line loss is 7.6m, 2021 YM wins DMG Media supplements contract for Weekend and You magazines. Related to YM Groups. Sheffield United written off as Arsenal legend makes major Tottenham Hotspur FA Cup trophy claim, Sheffield United entertain Tottenham at Bramall Lane in the FA Cup fifth round tonight. The additional costs must have been astronomical in transport, overtime and paper over-usage alone. Lettershop was not included in the failed fast-track sale process and is not part of the administration. Sad to say that YM was looking like it could be the new Polestar back in 2019. We will work with staff to access redundancy support., Read more news and advice about the newspaper and magazines category and click here for the latest ABC circulation figures. E: eventenquiry@newsco.com, This month Insider visits the Virtual Engineering. Sitemap | Terms & Conditions | Privacy Policy & Cookies. to access redundancy support.. YourMemberships DNS employs anycast addressing, which routes DNS requests to the closest geographic location. Prior to administrators being appointed, reports stated YM Group was seeking a buyer and that it had asked staff to continue to work. Prior military service may also allow seniority credits to accelerate eligibility for longevity bonuses and additional personal leave accrual. Only hashed versions of passwords are stored. The companies had been subject to an accelerated marketing process in recent weeks to secure a buyer. Second, administrators may opt to bulk import non-member and/or member records and included data relevant to the configuration of the target record type. What I want to know is why staff were promised they would be paid, and why they encouraged people to do overtime. 2023 BBC. 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In a statement, the administrators said the decision followed a "significant period of challenging trading that had been exacerbated by the impact of the pandemic" and rising costs. We will work with staff to access redundancy support.. VAT no 918 5617 01H Bauer Publishing are authorised and regulated for credit broking by the FCA (Ref No: 845898). We will work with staff to access redundancy support.". Vacation and Sick Leave:Eligible full-time employees receive between15 and 35 personal daysand13 sick daysper year that may be rolled over to the following year if not used. The Joint Administrators will now make asset disposals while supporting impacted staff in making claims to the Redundancy Payments Services. Regrettably, the insolvency has led to redundancies at what we know will be an extremely difficult time. Regrettably, the insolvency has led to redundancies at what we know will be an extremely difficult time. To get the latest email updates from Yorkshire Live, click here . Tax-Advantaged Programs:In addition to 401(k) and 457 retirement accounts, the state also offers flexible spending account (FSA), health savings account (HSA), and qualified transportation fringe benefit (QTFB) programs that can help you save money by reducing your taxable income. betterRetailing.com is the trusted one-click resource for independent convenience store retailers, always available with the latest news on products, innovation and legislation, alongside the tools and ideas they need to run and grow their business every day. The Division Director works with DTMB leadership to formulate and implement the departments mission, policies, strategic plans, and directives, as well as the organizational structure where appropriate. Professional Development:To help develop your career, programs are available to apply for reimbursement of up to $2,000 a year for education and training for college course credits and non-degree programs. The company's filing status is listed as Active and its File Number is D92750. All operations at YM Group's printing firm Pindar in Scarborough, York Mailing Ltd in York and YM Chantry Lane in Wakefield have been stopped after the firm went into administration. Theres still a chance that trade buyers may be interested in all or parts of York Mailing or Pindar Scarborough. Regrettably, the insolvency has led to redundancies at YM Group has hired administrators for companies it owns in Scarborough, Wakefield and York, The latest Scarborough news and updates straight to your inbox. 0 suggestions are available, use up and down arrow to navigate them, State Administrative Manager - PPOS - Lansing (Remote), State Administrative Manager 15 - Training Unit, 200 N. LaSalle St. Suite 1100, Chicago, IL 60601. Jo Francis Failure to complete any of the above items may result in your application not being considered and screened out. FRP said the appointment followed a significant period of challenging As anticipated, YM Group has appointed FRP Partners Phil Pierce and Philip Watkins as joint administrators for YM Chantry, York Mailing and Pindar (Scarborough). The Department of Technology, Management and Budget supports the business operations of the state agencies through a variety of services including Information Technology project delivery, maintenance and support. betterRetailing.com is part of Newtrade Media LimitedRegistered Office: 11 Angel Gate, 326 City Road, London, EC1V 2SD. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Your application for any position does not guarantee that you will be contacted by the Department/Agency for further consideration. If you continue to use this site we will assume that you are happy with it. Report this job. 11459135. 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Is it, like Polestar, an example of yet another investor convinced by a jam tomorrow narrative despite the obvious evidence to the contrary writ large in the figures? YM Group, a major magazine printer based in Yorkshire, this week went into administration. Hawara: 'What happened was horrific and barbaric', The people who want you to believe the Ukraine war is fake, What we've learned from Alex Murdaugh murder trial. By using our services, you agree to our use of cookies. Relevant experience and/or education referred to in the supplemental questions must be documented in the resume, transcript and/or application to allow for accurate screening. The companies had been subject to an accelerated marketing process in recent weeks to secure a buyer. 454555, Empowering Women in Convenience inaugural event 2022, IAA 2021/22 Top 100 Independent Retailers in UK & Ireland, news and advice about the newspaper and magazines category, NFRN shortlisted for prestigious ACE Newspaper and Magazine Awards, Newsquest cuts store margins to below 15% on more than 40 local newspapers, Digital revenue is key for survival of newspapers and magazines, ABC circulation figures: Weekend newspaper sales up, despite price increases, EXCLUSIVE: Stores face fines over vape-recycling failures, Evri under fire for failing to pick up parcels from stores, Booker to increase Jacks range to 630 lines, EXCLUSIVE: YM Group collapse disrupts magazine distribution. Customer data is backed up daily to the AWS Simple Storage System (s3). The business is the groups smallest operation with sales of 19.7m in its most recent accounts and an operating profit of 214,645. Help us improve CareerBuilder by providing feedback about this job: Report this job Job ID: g35oqe4. for use of our website. We will work with staff to access redundancy support., Printweek welcomes informed debate, but all comments must comply with our house rules which can be read here: A-Z of using the Printweek forums. They are one of three others across Yorkshire with York Mailing Limited and YM Chantry, based in Wakefield, also being affected. magazine and We Love TV, for the Saturday edition of the Daily Mirror, Notebook for the Sunday Mirror, S Magazine for the Sunday Express and the Daily Express Saturday Magazine. Or by navigating to the user icon in the top right. Follow BBC Yorkshire on Facebook, Twitter and Instagram. Phil Pierce and Philip Watkins, Partners at specialist business advisory firm FRP, were appointed as Joint Administrators to the three print providers. Read about our approach to external linking. YM Group, a major magazine printer based in Yorkshire, this week went into administration. This morning, Unite regional officer Darren Rushworth told Printweek: Administrators are at every site and they have confirmed that workers will be made redundant in the next 30 minutes, with the exception of a few people kept on to help them realise the assets. Bauer Media Group consists of : Bauer Consumer Media Ltd, Company number 01176085; Bauer Radio Limited, Company number: 1394141Registered office: Media House, Peterborough Business Park, Lynch Wood, Peterborough PE2 6EA and H Bauer Publishing, Company number: LP003328; Registered office: The Lantern, 75 Hampstead Road, London NW1 2PL All registered in England and Wales. View all Yorkshire newsView more Yorkshire Business news, FRP / FRP Advisory said the administration was due to a significant period of challenging trading that had been exacerbated by the impact of the pandemic and rising input prices. We do not accept web-based, internet, or copies of unofficial transcripts. what we know will be an extremely difficult time. Learn how the right technology solutions takes your organization to the top level of efficiency. YMGroup Premium Dec 3, 2022. Welcome to YM GROUP. They are one of three others across Yorkshire with York Mailing Limited and YM Chantry, based in Wakefield, also being affected. Retirement Programs:The State of Michigan offers 401(k) and 457 plans for new hires to save for retirement. This cookie is set by GDPR Cookie Consent plugin. impacted staff in making claims to the Redundancy Payments Services. The Yorkshire Post yesterday reported that hundreds of staff have been The AWS Cloud operates dozens of Availability Zones within 16 geographic Regions worldwide. View our, Putting on successful events in 2023 and beyond, New Scientist unveils new creative solutions division, Top priorities for digital publishers in 2023, Future strengthens US sales leadership with new hires, Engage Media Group launches TechFinitive.com, Haymarket Group reports 16.9 million in annual profits, British Journalism Awards 2022 winners announced, Hearst UK launches the Country Living Marketplace, William Reed acquires Retail Week and World Retail Congress, in-depth articles, interviews with industry leaders and extended special features. Staff were still working last night in the hope it would go through today. With your state salary and benefits and Michigans affordable cost of living, you can explore all that Michigan has to offer. Analytical cookies are used to understand how visitors interact with the website. More details on benefits for our new hires are below: Rewarding Work:State of Michigan jobs allow you to serve Michiganders in many different ways depending on your interests and skills. One way or another this sorry saga is to be continued. Something went wrong, please try again later. All operations at York Mailing Ltd, Pindar in Scarborough and YM Chantry Lane in Wakefield have been stopped after owners the YM Group went into administration today (Friday). For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. How many years of experience do you have developing strategic plans? These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. It does not store any personal data. The cookie is used to store the user consent for the cookies in the category "Analytics". YM Group B As defined in Section 4.01(c).. YM Group A As defined in Section 4.01(c).. RemainCo Group means RemainCo and each Person that is a direct or indirect Subsidiary or affiliate of RemainCo (other than any member of the SpinCo Group).. SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately . YMs board rejects it, 2020 Accounts for 2020 are filed late and have material uncertainty note. It had 274 staff and made a profit of 613,000. Terms and Conditions YM Group / These cookies ensure basic functionalities and security features of the website, anonymously. Search over 10,000 retail ideas to grow your sales. Owner. It specialises in complex DM products and paper-based packaging for e-commerce. See instructions for attaching files here: Instructions ([ Link removed ] - Click here to apply to State Division Administrator 17 (Download PDF reader). YM Group CEO Stephen Goodman had not responded to a request for comment at the time of writing. Tuition Reduction:Some colleges and universities offer savings to eligible employees and family members to further their education while working for the State of Michigan. The collapse of printing firm YM Group has caused disruption to the distribution of TV Choice, while national publishers have assured retailers it will have no direct impact on them. The CTO Office currently offers a hybrid work option of remote & in-office work based on operational needs. It's after a significant period of 'challenging trading' that had been exacerbated by the pandemic and rising input prices. Published by MA Business Limited, St Jude's Church, Dulwich Road, London, SE24 0PB, a company registered in England and Wales no. The site employed 274 people. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The BBC is not responsible for the content of external sites. If you indicated you have experience managing IT professionals within a large organization, briefly explain that experience. As reported by PrintWeek, the Joint Administrators will now make asset disposals while supporting OR At least one year of professional experience in the state classified service AND at least two years of experience as a professional manager or program/staff specialist OR at least an educational level typically acquired through the completion of high school AND at least three years of safety and regulatory or law enforcement experience at the 14 level; or at least two years of safety and regulatory or law enforcement experience at the 15 level. MA Business Limited 2023. Video, Rescuers search wreckage of deadly Greece train crash, Record numbers of guide dog volunteers after BBC story.
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