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News 2026-08-10 16:33 UTC

Monday.com Flags Short-Term Disruption From 20% Workforce Cut

Monday.com (NASDAQ: MNDY ) stock fell Monday after the work management software company issued third-quarter revenue guidance below Wall Street expectations, overshadowing a second-quarter earnings and revenue beat. The company reported second-quarter revenue of $364.62 million, up 22% year over year and above the anal

News 2026-07-22 12:13 UTC

monday.com Slashes 20% of Jobs to Double Down on AI

monday.com Ltd. (NASDAQ: MNDY ) said Wednesday it will reduce its workforce by about 20% as part of a restructuring plan aimed at aligning the company with its strategy to become an AI-focused work platform, while raising its full-year operating margin outlook. Following the announcement, the stock rose nearly 2%. mond