Monday.com Cuts 620 Jobs, About 20% of Workforce, in Major Layoff
Translated & summarized from Calcalist by baba
Monday.com is cutting 620 jobs, about 20% of its workforce, as part of a major restructuring announced on July 22, 2026.
The story in 5 lines · by baba
- Monday.com is laying off 620 employees, about 20% of its workforce.
- The layoffs were announced on July 22, 2026.
- This move is part of a significant company restructuring.
- The cuts reflect broader trends in the high-tech sector.
- No additional details on affected departments were disclosed.
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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