Location: Oklahoma City, OK.
Based on news reporting.
Paycom Software, Inc. has announced significant layoffs affecting approximately 200 employees as part of a strategic shift towards automation and artificial intelligence. The layoffs, which took effect on October 1, 2023, are part of the company's efforts to streamline operations and enhance efficiency in response to evolving market demands. This decision reflects a broader trend within the tech industry, where companies are increasingly adopting AI technologies to reduce costs and improve productivity. The layoffs primarily impact various operational roles within the company, marking a notable change in Paycom's workforce strategy. The company aims to leverage these changes to better position itself in a competitive landscape.
Paycom Software, Inc. cut 200 jobs as of October 1, 2023.
That is roughly 2.7% of the 7,308 people Paycom Software, Inc. employs.
LayoffTalk has tracked 8 layoff events at Paycom Software, Inc. since October 2023, affecting a combined 1,901 employees.
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