Archive · 22 Jul 2026

Monday.com lays off 20% of workforce amid AI pivot

Monday.com lays off 20% of workforce amid AI pivot

Monday.com, a company that helps businesses manage their work, is letting go of about 20% of its employees, which is around 620 people.

The company's leaders, Roy Mann and Eran Zinman, say this is a tough decision but necessary because they want to focus more on using artificial intelligence (AI) to help their customers.

They believe AI will change how software works and create new opportunities.

The company says they are not cutting jobs to save money or replace workers with AI.

Instead, they plan to use the savings to invest in new products and growth.

They are also changing how they work, making teams smaller and working more closely with customers.

Some jobs will change or be eliminated, but new jobs will also be created as the company focuses more on AI.

Sources