Story perspectives
Paycom Cuts 500 Jobs Amid AI Automation Push
10/2/2025
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Story summary
- Paycom, based in Oklahoma City, announces its first mass layoffs of about 500 non-client-facing roles due to AI automation, effective immediately.
- Restructuring aims to boost efficiency, and client-facing roles will stay.
- Paycom will offer severance, outplacement, and internal job opportunities.
- The move follows a trend with Intel and Microsoft cutting headcount for automation; Paycom reported $1.88 billion in 2024 revenue.
