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Compare full coverage across 10 outlets
Monday.com to Cut 620 Jobs in Israel Amid Shift to AI-Based Platform
Editorial illustration generated by baba News — not a photograph of the event.

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Economy18:06 · Jul 22

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.

Read the original at Channel 13
Full coverage · 10 outlets
75% centerFirst: Calcalist · Jul 22

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