Monday.com's co-CEO Eran Zinman wrote that the layoffs decision "was not made to reduce costs or replace people with AI."
By
Henry Chandonnet
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Monday.com cited its "AI-driven growth strategy" in its layoff plans.
The company says the move isn't about margins, but about creating a flatter organization built around AI agents, autonomous…
Monday.com will lay off about 620 employees and flatten its management structure as the project management company chases what it…
Israeli software company to lay off 620 employees after a 50% share-price drop, saying it is flattening management and…
The company said it is reducing its headcount by 20%, or about 630 staff, to "support a leaner, more focused operating model" as…
Israeli tech giant monday.com announced a major organizational restructuring that will see 620 employees leave the company…
monday.com (MNDY) cuts 20% of staff to pivot to AI, raises 2026 operating margin outlook. Shares gain premarket.
