---
title: "Monday.com lays off hundreds to focuses on AI"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293506239.md"
description: "Monday.com is laying off 20% of its workforce, approximately 630 employees, to refocus on AI projects. This restructuring aims to support a leaner operating model centered on its AI Work Platform. The company expects to incur $45 million to $55 million in charges. This move aligns with broader tech industry trends, where many firms are cutting jobs to invest heavily in artificial intelligence."
datetime: "2026-07-22T17:59:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293506239.md)
  - [en](https://longbridge.com/en/news/293506239.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293506239.md)
generator: "portal-rs"
---

# Monday.com lays off hundreds to focuses on AI

Israeli workplace software maker Monday.com is laying off hundreds of employees as part of a restructuring plan to refocus its investments around AI projects.

The company said it is reducing its headcount by 20%, or about 630 staff, to “support a leaner, more focused operating model” as it concentrates on its AI Work Platform.

Monday.com earlier this year pivoted hard towards making its AI platform a core offering, redesigning its entire product around the belief that its enterprise customers increasingly want AI agents to work together with their employees. The AI Work Platform currently comprises a no-code app builder, a customizable AI agent, a workflow automation tool, and a chatbot that can do tasks like generating reports and updating dashboards. 

The company joins a host of large tech firms that have laid off hundreds of thousands of people as they seek to invest more in AI. Tech layoffs in May hit a monthly high unseen in years, and a record 78% companies have blamed a need to refocus their efforts around AI as a reason for letting people go this year, according to Layoffs.fyi.

More than 122,000 tech roles have been cut so far in 2026, Layoffs.fyi data shows.

Monday.com expects to incur $45 million to $55 million in charges due to the restructuring.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**