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Full coverage· Economy· Updated

Monday.com to Cut 620 Jobs in Israel Amid Shift to AI-Based Platform

Monday.com is set to lay off 620 employees in Israel, cutting 20% of its workforce as it shifts to an AI-based platform to enhance efficiency.

9 newsrooms · 1 language · since

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Monday.com to Cut 620 Jobs in Israel Amid Shift to AI-Based Platform
Illustration by baba

What happened

  1. 01Monday.com will cut 620 jobs in Israel, reducing its workforce by 20%.
  2. 02The layoffs are part of a shift to an AI-based work platform.
  3. 03The move aims to increase organizational efficiency.
  4. 04The job cuts will occur soon as part of company restructuring.
  5. 05Monday.com is adapting to new technological demands in software development.
Translated and summarized by baba from Channel 13, the latest report. Read Channel 13’s original

The coverage

9 newsrooms on this story

Who covered it

  • LeftNone
  • Centre5
  • Right1
  • Haredi1
  • ArabNone
  • Other2

How it broke

See which of the 9 newsrooms broke it, and who waited