Monday.com lays off hundreds to focus on AI

Short summary

Monday.com is cutting 20% of its workforce—roughly 630 employees—to adopt a leaner operating model centered on its AI Work Platform. The restructuring signals a strategic pivot where the company is reallocating resources away from headcount toward AI-focused product development. This aligns with a broader industry pattern of tech firms reorganizing around AI priorities.

• •Monday.com reducing headcount by 20% (~630 staff)
• •Restructuring supports a leaner model focused on its AI Work Platform
• •Reflects wider trend of tech companies pivoting resources toward AI

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