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Monday.com co-CEOs seek to nearly double their pay after laying off 620 workers

Monday.com co-CEOs seek to double their pay to $14.6M each by 2029, days after laying off 620 workers in an AI-driven restructuring of the

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Monday.com co-CEOs seek to nearly double their pay after laying off 620 workers

Monday.com laid off 620 workers (20% headcount) pivoting toward AI Work Platform; co-CEOs' compensation proposal would double to $14–14.6M by 2029 from current $7–7.3M. For tech leadership: signals margin expansion (13→15% operating) and acquisition-scenario optionality; board betting AI-first positioning attracts strategic buyers despite restructuring optics.

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jpost.com1 g fa

After firing 600 workers monday.com CEOs seek double pay | The Jerusalem Post

monday.com co-CEOs request pay rise to $14.6M each by 2029 (double from $7.3M), two weeks after laying off 600 employees. Post-layoff comp hikes risk damaging team morale and investor governance confidence in a SaaS platform critical to engineering teams.

Timeline cronologica

mercoledì 5 agosto 2026·cryptobriefing.com
Monday.com co-CEOs seek to nearly double their pay after laying off 620 workers
Monday.com co-CEOs seek to double their pay to $14.6M each by 2029, days after laying off 620 workers in an AI-driven restructuring of the
mercoledì 5 agosto 2026·jpost.com
After firing 600 workers monday.com CEOs seek double pay | The Jerusalem Post
The two are asking the shareholders to approve a plan whereby their compensation could gradually rise from $7.3 million in 2025 to $14.6 million each in 2029