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On July 22, 2026, monday.com Ltd. initiated a restructuring plan to align its organizational structure with its AI…
MNDYmonday.com Ltd.
On July 22, 2026, monday.com Ltd. initiated a restructuring plan to align its organizational structure with its AI Work Platform focus, involving a reduction of approximately 20% of its workforce. The company expects to incur net charges of $45-$55 million, including $30-$35 million for severance and benefits and $30-$35 million for office space impairment, partially offset by $15 million in non-cash credits. monday.com Ltd. provides a cloud-based work management platform for teams.