Monday.com Flags Short-Term Disruption From 20% Workforce Cut
Monday.com (MNDY) stock drops on weak Q3 guidance despite beating Q2 earnings and revenue estimates. Get the full earnings breakdown.
Monday.com did better than expected this quarter, but told people the next few months might be bumpy because they're letting some workers go. When companies make big changes like this, watch to see if they run smoother and save money later, or if things get messy first.
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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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