Topics regarding layoffs at Paycor

Topics regarding layoffs at Paycor

Paycor Layoffs 4/17

Well, the layoffs happened today. It was read off a script and to many people individually. Wasn’t a huge surprise, just thought we had more time. Good luck to those who had the call today.

2021 Performance?

Is anyone hearing anything about layoffs in 2021 due to economic conditions? (hearing anything more than the usual rumors)?

Impact of APAX Sale on Headcount

Given the sale of interest in Paycor that APAX just announced, is there any expectation that new investors will put pressure on to reduce costs and therefore headcount?

Paycor layoffs hit every department

Paycor layoffs hit every department including Marketing, which saw 5-6 roles eliminated. Yes there has been a revolving door of Vice Presidents and C suite executives. Yes the product isn’t differentiated from others, just a commodity. Layoffs were... — read more 

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| 2460 views | | 1 reply (April 28, 2020)
Post ID: @OP+14HA7dO3

2020 Layoffs

Looks like another round of layoffs today at Paycor. A bunch of people, and they did this all on the same day at the governor plans to open up business soon. From the way management has been talking the business was very healthy and growing a lot... — read more 

2018 a repeat of 2017

As if leadership didn't learn from FY17, they are repeating their playbook in FY18 which will certainly include mass layoffs by March. Step 1: begin hiring like crazy Step 2: Lie about reasons C-level leaves the company Step 3: put out press releases... — read more 

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| 2570 views | | 4 replies (last October 17, 2017)
Post ID: @OP+PlsLYb1

Senior leaders fleeing

Bonuses were paid. Now the c-suite, VPs and Directors are beginning to leave. It's over.

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| 1560 views | | 3 replies (last September 14, 2017)
Post ID: @OP+P0vE6xf

More sales positions eliminated

Paycor still is a ship (or a dingy) without a captain or plan. Case in point: they have eliminated most (or all) of the Market Sales Executive positions in the three waves over a year. They want to sell big deals, but do not have the product to... — read more 

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| 1500 views | | 1 reply (August 18, 2017)
Post ID: @OP+OPIh7ra

Paycor Layoffs 2017

No updates in layoffs posts here but things are not getting better - the grass is indeed greener...

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| 1280 views | | 1 reply (August 13, 2017)
Post ID: @OP+OJl6dwa

Layoffs at Paycor

You need to be careful here – Paycor has layoffs and that’s a fact. So, caution right there. They will tell you they are growing but that’s not true – we recently had 10% cut due to sales going down, that’s a fact too…. Paycor never went public about... — read more 

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| 1510 views | | no replies yet
Post ID: @OP+Od5pOkY

More Layoffs Coming?

I am hearing on the sales side there is concerns there is another round of layoffs coming for anyone who is under plan by more than 20%. Has anyone else heard anything? Seems to have gone quiet.

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| 1092 views | | 1 reply (April 26, 2017)
Post ID: @OP+MFQbK9o

Recruiting Team

11 recruiters got laid off in the mix - if there's a slow/freeze or hiring, it's hard to justify the recruiting headcount. It's a shame because these same recruiters were working their tails off trying to keep up with the "explosive growth" narrative... — read more 

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| 1850 views | | 1 reply (March 16, 2017)
Post ID: @OP+Melutz5

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