Tech · Full coverage
Israeli Tech Giant Monday.com Cuts 20% of Global Workforce Amid AI Shift
How 8 Israeli newsrooms covered this story — translated into English and compared side by side.
71% center
Center 5Right 2Unrated 1
First reported by Calcalist · 3 hours ago
What happened
Monday.com announced global layoffs cutting 20% of its workforce, including 350 employees in Israel, to restructure around AI-driven growth. The company emphasized the move is to realign resources for future expansion and support affected employees with financial and emotional aid.
- 01Monday.com will cut 20% of its global workforce, about 620 employees worldwide.
- 02Approximately 350 employees in Israel will be laid off as part of the restructuring.
- 03The layoffs align with a major product shift focusing on AI-driven work platforms.
- 04The company stresses the move is not just cost-cutting but resource reallocation for growth.
- 05Co-CEOs promised support packages including financial aid and continued health coverage.
- 06Monday.com views AI as creating new market opportunities and changing customer expectations.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 8 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Behadrei HaredimRight · Hebrew52 minutes ago
Israeli Tech Giant Monday.com Cuts 20% of Global Workforce Amid AI Shift
Now 14Right · Hebrew2 hours ago
Israeli Tech Firm Monday.com Cuts Hundreds of Jobs Amid AI Shift and Market Challenges
Kan NewsCenter · Hebrew3 hours ago
Israeli Tech Giant Monday.com Cuts 20% of Global Workforce Amid AI-Driven Restructuring
YnetCenter · Hebrew3 hours ago
Monday.com Cuts 620 Jobs Amid AI-Driven Restructuring and Market Challenges
Related stories
After an 82% Share Collapse, monday.com Launches a Venture Arm for Israeli AI StartupsJun 15, 2026Israeli tech layoffs deepen as AI and a weak dollar squeeze companiesJun 22, 2026Israeli tech layoffs deepen as older, experienced workers flood the job marketJun 25, 2026Israeli Software Firm Redis Plans Major Job Cuts Amid AI ShiftJul 13, 2026Elementor Cuts 30% of Workforce Amid AI-Driven Industry ShiftJun 29, 2026The Tech Layoff Wave: “LinkedIn Isn’t Really Solving the Problem”Jun 10, 2026