Monday.com Cuts 20% of Workforce in Restructuring for the AI Era

Monday.com has announced a significant workforce reduction of approximately 20%, or 620 employees, as part of a strategic restructuring to adapt to the AI era. The company states this move is not for margin improvement but to create a flatter organization focused on AI agents, autonomous teams, and deeper customer engagement. This decision reflects a shift towards integrating AI into day-to-day workflows and adapting its organizational structure to better fit the evolving AI-driven technology landscape.