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Monday.com cuts jobs to refocus on AI
The work-management platform is cutting staff to redirect investment toward AI, a clear case of AI being cited directly in a headcount decision.
Monday.com is laying off hundreds of employees as part of a shift to concentrate investment on AI features, according to reporting July 22. The company joins a small but growing list of profitable public software vendors citing AI directly as a factor in headcount reductions, rather than framing cuts purely around a broader macro slowdown.
sources 1 cited
1 techcrunch.com Monday.com lays off hundreds to focus on AI