• 2 min read
Monday.com cuts 630 jobs to focus on AI
Monday.com will cut 20% of its workforce, or about 630 jobs, as it refocuses investment on its AI Work Platform.
Image: TechCrunch
Monday.com is cutting 20% of its workforce, or about 630 employees, as part of a restructuring designed to redirect investment toward artificial intelligence projects.
The Israeli workplace software company said the layoffs will support “a leaner, more focused operating model” as it concentrates on its AI Work Platform. Monday.com pivoted sharply toward AI earlier this year, redesigning its product around the idea that enterprise customers increasingly want AI agents to work alongside employees.
The platform currently includes:
- A no-code app builder
- A customizable AI agent
- A workflow automation tool
- A chatbot that can generate reports and update dashboards
Monday.com joins a growing list of major technology companies cutting staff while increasing AI investment. According to Layoffs.fyi, tech layoffs reached a monthly high unseen in years in May, while a record 78% of companies cited a need to refocus on AI as a reason for job cuts this year. More than 122,000 tech roles have been eliminated so far in 2026, the tracking site reported.
Monday.com expects the restructuring to generate $45 million to $55 million in charges.
Recommended reading
IBM says AI spending won’t kill the mainframe
Enterprise Editor
Marcus follows the money. He covers enterprise software, cloud architecture, and the tectonic shifts in Big Tech strategy. He translates dense earnings calls and complex M&A activity into actionable insights about where the industry is actually heading. If a tech giant makes a silent pivot, Marcus is usually the first to notice.
via TechCrunch
