Monday.com CEOs Seek Nearly Double Pay After Laying Off 600 Employees
Two weeks after announcing the layoff of 600 employees, Roy Mann and Eran Zinman, the founders and CEOs of Monday.com, have requested a significant salary increase. Ahead of the company's upcoming general meeting, the pair are asking shareholders to approve a compensation plan that would gradually raise each CEO's pay from approximately $7.3 million in 2025 to nearly $14 million by 2029, effectively doubling their current salaries. This move comes amid ongoing challenges in the tech sector and raises questions about executive pay in relation to workforce reductions. The company has not provided further details on the rationale behind the proposed increase or how it aligns with Monday.com's future strategy.
The same event, reported separately by each outlet. Open a few to compare what different newsrooms emphasize — and what they leave out.
Not the same event — other stories that share this one’s people, places, or theme: background, reactions, and follow-ups.