Monday.com: 300 jobs cut
Monday.com has announced a significant workforce reduction, cutting 20% of its employees as part of an AI-driven overhaul. This move will affect approximately 300 jobs out of a total workforce of 1,500. The company explicitly links these layoffs to its strategic shift towards AI technologies.
Conservative
300
Core Estimate
300
Upper Bound
300
Sources
Monday.com cuts 20% of workforce in AI overhaul - Ynetnews
Monday.com cutting hundreds of jobs as it embraces AI - The Times of Israel
Israeli tech firm Monday.com to lay off fifth of staff as shares fall by 50% - Haaretz
Monday.com lays off hundreds to focuses on AI - TechCrunch
Monday.com lays off hundreds of employees to focus on AI - Zamin.uz
Monday.com Lays Off Hundreds as AI Shifts the Workforce Platform Equation - FourWeekMBA
Monday.com cuts 20% of workforce to restructure for AI era - The American Bazaar
Monday.com layoffs: Hundreds of jobs slashed as work platform proclaims its embrace of 'the new AI era' - Fast Company
Monday.com layoffs: Hundreds of jobs slashed as work platform proclaims its embrace of 'the new AI era' - LinkedIn
Monday.com layoffs: Hundreds of jobs slashed as work platform proclaims its embrace of ‘the new AI era’ - Yahoo Finance
Workplace software Monday.com cuts hundreds of jobs; read CEO Eran Zinman's 'layoff email' to employees - The Times of India
Monday.com cuts 20% of workforce in major pivot to AI platform - London Daily News
Monday.com Lays Off Hundreds To Invest More In AI - ALM Corp
Monday.com Cuts 600 Jobs in AI-Focused Restructuring - Briefs Finance