Monday.com is the latest tech company to blame AI for layoffs — here are 20 others
TechCrunch
Monday.com is laying off roughly 20% of its workforce, joining a growing wave of tech companies restructuring around artificial intelligence.Summary
Monday.com has announced plans to lay off about 20% of its workforce, joining a wave of major technology companies restructuring their operations to focus on artificial intelligence. While executives often frame these cuts as strategic realignments rather than direct replacements, U.S. tech companies have slashed nearly 140,000 jobs this year, with giants like Microsoft, Oracle, Meta, and Amazon attributing workforce reductions to AI investments and efficiency gains. However, market skepticism persists, and some companies are simultaneously hiring heavily for specialized AI roles.
(Source：TechCrunch)