Monday.com Lays Off 20% of Staff to Focus on AI Work Platform

Monday.com is cutting 630 employees, roughly 20% of staff, as of July 22, 2026. The Israeli workplace software company says the layoffs support a leaner operating model centered on its AI Work Platform — a suite combining a no-code app builder, customizable AI agents, workflow automation, and chatbot. Restructuring charges are expected at $45–55 million.