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Automatic Data Processing, Inc.

ADPTechnology· Roseland, NJ, United States
LAYOFFS TRACKED
1
LAST EVENT
Oct 1, 2023
MARKET CAP
$119.80B
EMPLOYEES
64,000

Automatic Data Processing, Inc. engages in the provision of cloud-based human capital management (HCM) solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. This segment's offerings include RUN Powered by ADP, a software platform for small business payroll, HR management, and tax compliance administration; ADP Workforce Now, a HCM solution used across mid-sized and large businesses to manage employees; and ADP Vantage HCM, a solution for HR management, benefits administration, payroll services, time and attendance management, and talent management. The PEO Services segment provides HR and employment administration outsourcing solutions under ADP TotalSource name to businesses through a co-employment model. The segment also provides employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Layoff timeline

1 EVENT
Oct 1, 2023News

Automatic Data Processing, Inc. has laid off 179 employees in Bergen County as part of its relocation to Texas. This decision comes as the company prepares to move its operations, impacting a significant number of local jobs. The layoffs are part of a broader strategy to streamline operations and reduce costs associated with the transition. The affected employees were notified recently, marking a significant shift for the company as it consolidates its workforce in a new location. This move reflects ongoing trends in the tech industry as companies reassess their operational footprints.

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