Monday.com is reducing its workforce, the company announced, as part of a shift in focus to its AI Work Platform.
The reduction translates to approximately 630 staff members being laid off.
Following the announcement, Monday.com stock began rising.
Monday.com Stock Rises After Announcing 20% Workforce Reduction
The company is cutting about 630 jobs as it shifts focus to its AI Work Platform.
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Talivio News (AI illüstrasyon)
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