Economy07:56 · 5h ago
Monday.com Cuts 620 Jobs, About 20% of Workforce, in Major Layoff
Calcalist
Translated & summarized from Calcalist by baba
The story · English
Monday.com announced a significant reduction in its workforce, laying off 620 employees, which constitutes approximately 20% of its total staff. The decision reflects a major restructuring effort within the company. The layoffs were reported on July 22, 2026, and are part of broader cost-cutting measures affecting the high-tech sector. No further details on the affected departments or future plans were provided at this time.
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