Economy18:06 · 2h ago
Monday.com to Cut 620 Jobs in Israel Amid Shift to AI-Based Platform
Channel 13Center
Translated & summarized from Channel 13 by baba
The story · English
Monday.com, the Israeli software company, announced plans to reduce its workforce in Israel by 20%, resulting in approximately 620 job cuts. This significant downsizing is part of the company's strategic transition to an AI-driven work platform and aims to improve organizational efficiency. The layoffs are expected to take place soon as Monday.com adapts to new technological demands and restructures its operations accordingly.
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