AI
AI's Double-Edged Sword: Paycom's Layoffs Signal a New Era for the Job Market
Oklahoma City, OK – October 1, 2025 – In a move that underscores the accelerating impact of artificial intelligence on the global workforce, Paycom Software Inc. (NYSE: PAYC), a leading provider of cloud-based human capital management software, announced today the layoff of over 500 employees. The company explicitly cited AI-driven automation and