Monday.com lays off hundreds to focus on AI
Monday.com is reducing its headcount by 20%, or about 630 staff, to support a leaner, more focused operating model as it shifts focus to its AI Work Platform. The layoffs are part of a strategic move toward prioritizing AI initiatives.
Why it matters: This reflects a significant corporate shift toward AI, involving substantial workforce restructuring.
Full story at: TechCrunch / AI ↗