I spent nearly a decade at Paychex and bled more blue than anyone. At the time, saying that I was #PaychexProud wasn't just a tagline - I truly was. I was close to a lot of the inner workings of what happened during Covid and was unfortunately able to see firsthand how the company prioritized things -- shareholders first, clients second, and employees a distant third. Without any logical explanation or business case, I watched as efforts to influence executive leadership to open their minds to flexible ways of working were snuffed out in lieu of old school ways of working in a cubicle farm so ineffective managers could watch their employees work... I slowly felt my love for the company fade out - and ultimately chose to move on from my role myself a couple of years ago. I honestly thought I would retire from the company - but it all shifted so quickly and so drastically. Culture at Paychex was always a calling card. And in the last two years since I left, I have watched the culture at Paychex circle the drain. I speak with friends who are still there (though that number has drastically decreased as many others have left themselves before this layoff). John's leadership is abysmal. The warmth that Marty exuded is now gone from the executive team. Even if I didn't always agree with Marty's old school approach to things, and his conservative nature, he was always kind and was open to hearing out different opinions. John is all about the numbers, not the people, and it doesn't matter how long you've been with the company, how loyal you've been or how much you've sacrificed. You're on board with his direction or you're out. Full stop. Hundreds of good people were terminated last week. The news reports are so alarmingly skewed... 3-4% of the entire organization was jettisoned. But hey, whatever makes the shareholders a few extra bucks... Wall Street loves a layoff... Investors want increased margins, regardless of how many billions Paychex has in the bank.
Paychex lists Integrity as one of its core values... seems maybe the values need a "reprioritization" too.