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Reprioritization

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"Paychex Tackles Company Reprioritization"

Originally Published 1 year ago — by RochesterFirst

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Source: RochesterFirst

Paychex confirmed a "reprioritization" affecting 0.5% of its Rochester employees, hinting at job cuts and possible facility closures. Despite this, the company announced a quarterly dividend increase, totaling $1.3 billion for the fiscal year ending May 31, 2024. Paychex maintains it is committed to growth and hiring in Rochester.