Monday.com to Cut 20% of Workforce in AI-Led Restructuring

Monday.com said it will lay off about 20% of its workforce, or more than 600 employees, as it restructures around an AI-led operating model. The move reflects a broader wave of tech layoffs in 2026, with companies increasingly citing artificial intelligence as a reason for cutting jobs and reshaping teams. For Monday.com, the cuts are part of a pivot meant to support AI-driven growth and reorganization, but they also mean a significant reduction in staff.