Buying $1000 In PAYC: If an investor had bought $1000 of PAYC stock 10 years ago, it would be worth $4,928.99 today based on a price of $201.30 for PAYC at the time of writing.

Paycom filed a WARN notice Wednesday with the Oklahoma Employment Securities Commission that it's laying off 544 workers who are being replaced by AI.

When major layoffs occur, companies typically issue what's called a WARN notice. Here's what to know about the process.

Several hundred Paycom positions in Oklahoma City have been eliminated, according to the human resources and payroll company.

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The layoffs affect non-client-facing, back-office positions that have been automated. This is the first major layoff for the Oklahoma City-based company, impacting nearly 12% of its local workforce.

Paycom has laid off more than 500 employees in Oklahoma City, replacing their roles with artificial intelligence as part of a workforce restructuring strategy.

OKLAHOMA CITY (KFOR) – Paycom, based in Oklahoma City, is transitioning to automation and artificial intelligence technologies, laying off over 500 employees. Paycom Software, Inc. (NYSE: PAYC) ...

OKLAHOMA CITY, OKLA. (KOKH) — More than 500 Oklahoma workers are being laid off at Paycom Software, Inc., as the company undergoes reconstruction with AI-driven technologies. The leading HR and ...

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Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...