Monday.com Initiates Restructuring With ~20% Headcount Reduction; Sees ~$45M-$55M In Net Charges; Reaffirms FY2026 Guidance
Restructuring plan (the "Plan") to align the Company’s organizational structure with its strategic focus on the AI Work Platform. The Plan reflects the Company's ongoing transformation of its product, marketing, and go-to-market strategy and is intended to support a leaner, more focused operating model as the Company c