High confidence
Jul 22, 2026
monday.com
− 620 approximately 620 employees, about 20% of the workforce
Attribution · verbatim quote
“The Plan reflects the Company's ongoing transformation of its product, marketing, and go-to-market strategy and is intended to support a leaner, more focused operating model as the Company continues to invest in its AI-driven growth strategy.”
Summary
monday.com initiated a restructuring reducing its workforce by about 20%, or approximately 620 employees, to align the organisation with its AI Work Platform strategy and a leaner operating model. Management said the redesign was not a claim that AI directly replaced the affected employees.
Evidence notes
- · The Form 6-K directly ties the workforce plan to monday.com's AI Work Platform focus and AI-driven growth strategy.
- · Co-CEO Eran Zinman said the decision was not made to reduce costs or replace people with AI; this narrows the mechanism to restructuring_for_ai rather than direct replacement.
- · The approximately 620-person figure comes from the CEO memo; the filing describes the reduction as approximately 20%.
Sources
monday.com July 2026 Form 6-K
U.S. Securities and Exchange Commission · Filing · 2026-07-22 · sec.gov
Building monday.com for Its Next Chapter LinkedIn · Social · 2026-07-22 · linkedin.com
Monday.com is the latest tech company to blame AI for layoffs — here are 20 others TechCrunch · News · 2026-07-23 · techcrunch.com