Location: Oklahoma City, OK.
Based on news reporting.
Paycom Software, Inc. has announced layoffs affecting 200 employees as part of its transition towards integrating artificial intelligence into its operations. The layoffs, which took place on October 1, 2023, are part of a broader strategy to streamline the workforce and enhance efficiency in light of technological advancements. This decision reflects the company's shift in focus towards AI-driven solutions, which necessitated a reevaluation of its current staffing needs. The layoffs primarily impacted roles that are being automated or restructured to align with the new business model. Paycom's management emphasized that this move is essential for maintaining competitiveness in a rapidly evolving job market.
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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