Tech News · Layoffs · 2026-08-31
Monday.com to Cut 20% of Workforce (~630 Roles) in Pivot to AI Platform
Work-management company Monday.com is reportedly laying off about 20% of its workforce — roughly 630 employees — as it repositions its AI platform as the core of the business. The cuts are among the clearest examples yet of a profitable software company restructuring specifically around an AI-first strategy rather than financial distress.
The move continues 2026's defining trend: AI cited as the driving force behind workforce reshaping. Trackers count hundreds of layoff events this year, with roughly half of announcements explicitly naming AI, automation, or machine learning as a factor.
For job seekers, the takeaway is less about one company and more about the pattern — roles concentrated in maintenance of legacy product lines are being consolidated, while AI-platform, infrastructure, and go-to-market roles keep hiring.
📎 Source & further reading: Yahoo Tech (layoffs tracker) — this is SkillFitly's original summary of publicly reported news; full details at the source.
Keep your search sharp: check your resume against any job, practice real interview questions, or take a timed role quiz.
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