As companies face economic pressures, Monday.com cites AI as a major factor in its layoffs, joining a trend among tech giants this year.

Monday.com recently announced layoffs, reportedly attributing the decision to the increasing implementation of AI technologies. This move aligns with a broader trend in the tech industry, where companies are streamlining operations and cutting workforce as they adapt to AI advancements.
In 2026 alone, over 20 major tech firms have cited AI as a justification for significant layoffs. This includes industry leaders such as Google, Meta, and OpenAI, all of which are navigating the dual pressures of economic uncertainties and the rapid evolution of AI capabilities. The reliance on AI is prompting firms to reassess workforce needs, often resulting in job cuts.
The ongoing layoffs raise critical questions about the future of employment in tech. As companies pivot towards automation and AI-driven efficiencies, employees face increased job insecurity. This trend could lead to a significant reshaping of the tech workforce landscape, with a potential shift towards roles that complement AI rather than compete with it.
As the industry continues to evolve, both employees and employers will need to adapt to this new reality, potentially leading to a redefinition of skill sets in demand.
Source: TechCrunch AI