NasdaqGS:MNDYSoftware
monday.com (MNDY) Is Down 8.4% After Major AI‑Driven Restructuring And Layoffs – Has The Bull Case Changed?
On July 22, 2026, monday.com Ltd. announced a restructuring plan centered on its AI Work Platform, including a roughly 20% workforce reduction and expected net charges of about US$45 million to US$55 million, mainly from severance and office space impairments, to be largely recognized in the second half of 2026.
At the same time, monday.com reaffirmed its full‑year 2026 revenue guidance of 19% to 20% year‑on‑year growth, signaling confidence that the AI-focused reorganization can proceed...