Monday.com cuts 630 jobs to double‑down on AI Work Platform
Monday.com is slashing 20% of its workforce—about 630 roles—to fund a leaner AI‑first operating model. The cuts fund its AI Work Platform, a no‑code builder, custom agents, workflow automation, and chat‑driven reporting, signaling the company's bet that AI tools will become core to enterprise productivity. The move mirrors a broader tech‑layoff wave driven by AI pivots.