Location: Oklahoma City, OK.
Based on news reporting.
Paycom Software, Inc. has announced the layoff of over 500 employees in Oklahoma City. This decision comes as part of a restructuring effort aimed at streamlining operations and adapting to changing market conditions. The layoffs are expected to impact various sectors within the company, although specific departments were not detailed. The company has cited the need to reduce costs and improve efficiency as key reasons for this workforce reduction. The layoffs are effective immediately, reflecting the company's response to current economic challenges.
Paycom Software, Inc. cut 500 jobs as of October 1, 2023.
That is roughly 6.8% 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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