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Monday.com

Coverage of Monday.com in the Nexus archive.

Earliest in view: Jul 22 · 17:07 UTCMost recent: Jul 22 · 17:07 UTC
Co-mentioned in this coverage
Eran Zinmanperson1AI-driven growth strategytopic1SaaSpocalypsetopic1AI Work Platformtopic1Form 6-Ktopic1
Recent coverage
  • BUSINESSJul 22 · 17:07 UTCBUSINESS INSIDER
    Monday.com plans 20% layoffs citing an 'AI-driven growth strategy.' Read the co-CEO's note.

    Monday.com plans to lay off 20% of its workforce as part of its 'AI-driven growth strategy,' according to a securities filing. The company's co-CEO emphasized the need for organizational changes to compete in the AI era, while noting the decision was not driven by cost-cutting or AI replacing workers. Monday.com's stock has declined sharply in the past year amid broader concerns about the 'SaaSpocalypse' in enterprise software.

Monday.com · Dossier · The Nexus