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Paycom cut about 540 jobs and told the SEC that automating its own systems had led to reductions in headcount

(www.sec.gov) · news from 1 Oct 2025 · by Fleet_Timber_296 · ·
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United States Human Resources & Recruiting Paycom
CompanyPaycom
Jobs affected540
TypeLayoff
Date1 Oct 2025
CountryUnited States
IndustryHuman Resources & Recruiting
Reported byPaycom quarterly report (SEC filing)
Paycom, the Oklahoma City payroll and HR software company, announced on 1 October 2025 a workforce reduction that its quarterly SEC filing puts at "approximately 540 employees, representing a reduction of approximately 8% of our workforce", with about 13.3 million dollars in severance charges. The employer's own explanation is unusually plain. Its release, carried by Oklahoma outlets, said the restructuring was "due to efficiencies in advanced automation and AI-driven technologies" and affected "only non-client-facing roles that have been automated". The same filing repeats the point in the company's own voice: "Automating our core business systems is creating new efficiencies that have led to reductions in headcount." Client-facing staff were kept. Paycom sells software that automates payroll and HR work for other employers, and here it applied the same logic to its own back office. It is one of the few cases where the count, the cause and the kind of job all sit in a document filed with a regulator.

Source: Read the original article at www.sec.gov ↗

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