monday.com Slashes 20% of Jobs to Double Down on AI
monday.com (MNDY) cuts 20% of staff to pivot to AI, raises 2026 operating margin outlook. Shares gain premarket.
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Why It Matters
monday.com is letting go of one out of every five workers so it can spend more money on artificial intelligence. The company thinks it'll make more profit in the future, which is why its stock price went up early today.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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