Economy · Full coverage
Monday.com CEOs' Salaries Set to Double After 620 Employee Layoffs
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Globes · 1 hour ago
What happened
Monday.com plans to double the salaries of its two CEOs to $14 million each over three years, shortly after laying off 620 employees. Shareholders will vote on the raise, which was proposed before the layoffs were announced, amid criticism over the timing.
- 01Monday.com laid off 620 employees, about 20% of its workforce, two weeks ago.
- 02Shareholders will vote to raise CEOs Roy Mann and Eran Zinman's salaries from $7.4M to $14M each.
- 03The salary increase will be phased in over three years starting in 2025.
- 04The raise proposal was announced two months before the layoffs were made public.
- 05The timing of the raise vote has sparked criticism given the recent mass layoffs.
- 06Monday.com states the raise decision preceded the determination of layoff scale.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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