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Monday.com joins the list of tech companies citing AI as a reason for layoffs — 20 more examples

Monday.com announced layoffs of about 20% of its workforce, or over 600 employees, citing a restructuring tied to its AI-driven growth strategy. This adds to a growing trend where major tech companies like Microsoft, Oracle, Meta, and Amazon have cited AI as a factor in job cuts, with nearly 140,000 U.S. tech jobs cut this year. However, AI-focused companies like Anthropic and OpenAI are hiring rapidly, and some firms are shifting headcount into AI roles.

monday.com Microsoft Oracle GitLab Google/DeepMind Intuit Meta Cisco Systems Cloudflare General Motors Coinbase PayPal Snap IBM Atlassian Dell Block Salesforce Amazon/AWS Anthropic OpenAI