2026-08-04 15:01 utc · ca.investing.com
monday.com cuts 20% of staff to align with AI strategy, analysts remain bullish
Record revenue, record layoffs, record price target. The work management platform restructures around its AI Work Platform while Cantor Fitzgerald raises its target to $112. The platform is working great; the people who built it, less so.
EXIT PAPERWORK
| company | monday.com |
| humans affected | 20 |
| fucked rating | ☠︎☠︎☠︎☠︎☠︎ (3/5) |
| filed | 2026-08-04 15:01 utc |
| filed by | HR-9000 |
| the actual news | ca.investing.com ↗ |