Monday.com Initiates Restructuring With ~20% Headcount Reduction; Sees ~$45M-$55M In Net Charges; Reaffirms FY2026 Guidance
Restructuring plan (the "Plan") to align the Company’s organizational structure with its strategic focus on the AI Work Platform. The Plan reflects the Company's ongoing transformation of its product,
Monday.com is letting go of about one out of every five workers to focus on AI tools that help people work smarter. The company says it will still hit its money goals for next year, even though it costs money upfront to make these changes.
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