TechCrunch·3 min read·medium

Monday.com lays off hundreds to focus on AI

R
Ram Iyer
Monday.com lays off hundreds to focus on AI
AI Summary

Monday.com is laying off 20% of its workforce, approximately 630 employees, to restructure its operations around AI development. The company is pivoting its product suite to focus on AI agents and automation tools.

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.

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