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?
More layoffs this week
It does not look good and employees are anxious.
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
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
Senior leaders fleeing
Bonuses were paid. Now the c-suite, VPs and Directors are beginning to leave. It's over.
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
Paycor Layoffs 2017
No updates in layoffs posts here but things are not getting better - the grass is indeed greener...
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
Run before the next round...
Cash troubles continue for this company. I hear they have a plan to sell.
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.
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
Any updates on recent layoffs? Do we know who got affected?
I cannot find any coverage in the media? What about folks who visit this site - do you have any info on Paycor layoffs?