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- Jul 22, 202690% CONFIDENCEfrom the source
Monday.com Cuts About 20% of Its Workforce to Rebuild Around AI
- On 22 July 2026 monday.com initiated a restructuring plan that reduces its current workforce by approximately 20%, to align the company with its strategic focus on the AI Work Platform[1].
- Co-founders Roy Mann and Eran Zinman told staff about 620 employees would leave worldwide[2][3]; around 350 of the roles are at the Tel Aviv headquarters[5]. TechCrunch put the cut at about 630[4].
- The founders wrote that "the organization we built for our previous chapter is not the organization that fits the new AI era", and that the company is cutting management layers, forming smaller autonomous teams and changing how it sells to and supports customers[2][3].
- Management said "improving margins was not the purpose of this decision" and that the cuts were not made to replace people with AI; it plans to reinvest most of the savings in people, products and AI[2].
- monday.com expects $45-55 million in net charges: $30-35 million for severance and benefits, $30-35 million for impairment of office space, partly offset by about $15 million in share-based compensation credits, mostly in the second half of 2026[1].
- Alongside the cut it raised its 2026 non-GAAP operating margin outlook to about 15% from 13% and kept revenue growth guidance at 19-20%[1].
References 584% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%sec.gov/Archives/edgar/data/1845338/000117891326003553/zk2635715.htmsec.gov· Posted Sep 23, 2026· Starts Jul 22, 2026 ✓· 24% of score
monday.com's Form 6-K says "On July 22, 2026, monday.com Ltd. (the "Company") initiated a restructuring plan" that "includes a reduction of approximately 20% of the Company's current workforce"; Ctech's report of the staff letter is dated 22.07.26.
- [2]90%Monday.com cuts 20% of workforce as it restructures for the AI eracalcalistech.com· Published Jul 22, 2026· 19% of score
Ctech (Calcalist) quotes the founders' letter to employees: about 620 jobs, roughly 20% of the global workforce, not a cost cut or an AI replacement.[1]
- [3]85%monday.com to cut 20% of global workforce, more than 600 employees to be laid offjpost.com· Published Jul 22, 2026· 19% of score
The Jerusalem Post reports the restructuring announced 22 July: around 20% of the global workforce, 620 employees, and the flattening of the organisation around the AI work platform.[1]
- [4]80%Monday.com lays off hundreds to focus on AItechcrunch.com· Published Jul 22, 2026· 19% of score
TechCrunch reports the 20% reduction (about 630 staff by its count) and the $45-55 million restructuring charge, tied to the AI Work Platform pivot.
- [5]75%Monday.com cuts hundreds of jobs as it restructures around AI strategyfinance.yahoo.com· Published Jul 22, 2026· 19% of score
Proactive reports around 620 roles cut worldwide from the founders' letter, about 350 of them at the Tel Aviv headquarters, and the raised margin outlook.[1]
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