OKLAHOMA CITY (KFOR) – According to the Oklahoman, Paycom based in Oklahoma City, the company is transitioning to automation and artificial intelligence technologies.
Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, today announced a workforce restructuring due to efficiencies in advanced automation and AI-driven technologies that will impact a limited number of back-office roles.
- The company continues to actively recruit and hire across sales, software, implementation and service roles.
- The updates impact only non-client-facing roles that have been automated, while client-facing roles remain focused on the high-touch, relational service for which Paycom is known.
- As part of its strategy, Paycom has made significant investments to automate core business systems, improve operational scalability and accelerate innovation, which ultimately increases client satisfaction.
- These investments have created new efficiencies and reduced the need to backfill or hire for roles that can be automated.
Paycom will offer transition assistance to affected employees, including severance packages, outplacement services, and access to internal job opportunities.
*This is a developing story.
