Monday.com cuts hundreds of jobs to accelerate AI focus

Monday.com, a work operating system provider, announced a major workforce reduction. The company said it is cutting hundreds of positions. The layoffs are part of a shift to prioritize artificial intelligence. Executives indicated the move will free resources for AI development. Affected staff span multiple functions within the organization. The decision reflects growing competition in AI-driven productivity tools. Monday.com hopes the restructuring will speed up its AI roadmap. An illustration accompanying the announcement shows a smartphone displaying the Monday.com logo.