NasdaqGS:MNDYSoftware
Monday.com (MNDY) Cuts Jobs For Its AI Pivot, Is The Stock A Bargain?
monday.com (MNDY) has announced a restructuring plan that cuts about 20% of its workforce and refocuses the business on an AI Work Platform, while reiterating full year 2026 revenue guidance.
See our latest analysis for monday.com.
The restructuring news has arrived after a sharp reset in monday.com’s share price, with a 1 year total shareholder return that declined 73.50% and a year to date share price return that declined 46.01%, even as the 90 day share price return of 14.22% points to...