Monday.com lays off hundreds to focus on AI
Monday.com is cutting 20% of its workforce as it redirects resources toward its AI Work Platform.
Excerpt
The company said it is reducing its headcount by 20%, or about 630 staff, to "support a leaner, more focused operating model" as it focuses on its AI Work Platform.
Read at source: https://techcrunch.com/2026/07/22/monday-com-lays-off-hundreds-to-focuses-on-ai/