Monday.com
Israeli work-management software firm that cut 630 jobs while denying AI replaced any of them.
Israeli work-management software firm that cut 630 jobs, about 20% of its workforce, on 22 July 2026, while denying the reductions were driven by AI.
Last refreshed: 27 July 2026 · Appears in 1 active topic
Timeline for Monday.com
Cut 630 jobs while its co-founder denied any AI motive
AI: Jobs, Power & Money: Monday.com denies AI drove 630 job cutsBackground
Monday.com is an Israeli work-management and workflow software company, listed on Nasdaq, that sells collaboration and project-tracking tools to businesses worldwide.
The company has grown revenue quickly since its 2021 listing, expanding beyond project management into a wider work operating system aimed at larger enterprise customers.
Its July 2026 restructuring came as part of a wider run of technology-sector layoffs in which companies and commentators have disagreed sharply over how much AI, rather than ordinary cost discipline, is actually driving job cuts.
Monday.com cut a fifth of its staff
Monday.com cut 630 jobs on 22 July 2026, about 20% of its workforce and roughly 350 of them in Israel, Booking $45 million to $55 million in restructuring charges.
The company disputes any AI framing for the cut, a position trade press did not accept when tallying 2026's AI-linked layoffs regardless. Monday.com still projects revenue growth of up to 20% for the year, positioning the reduction as a restructuring of cost base and headcount mix rather than a response to falling demand or AI substitution of roles.
Did Monday.com lay off staff because of AI?
How many people did Monday.com lay off in 2026?
Who is Eran Zinman?
Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 27 July 2026. Editorial standards.