Monday.com to Cut Workforce by 20% Under Restructuring Plan

MT Newswires Live07-22

Monday.com (MNDY) has implemented a restructuring plan that would reduce its workforce by about 20%, the company said in a Wednesday filing.

The restructuring is intended to align the company's organizational structure with its focus on the AI Work Platform, according to the filing.

Monday.com estimates net charges of about $45 million to $55 million related to the restructuring and expects to recognize the majority of these in H2, around the same time it anticipates completing the plan substantially, the company said.

The company also said it expects 2026 revenue growth to be in line with or higher than its guidance of 19% to 20%.

Monday.com stock was up more than 2% premarket Wednesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2653754470?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-22 19:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653754470","market":"sh","top_or_hot":-1,"title":"Monday.com to Cut Workforce by 20% Under Restructuring Plan","media":"MT Newswires Live","content":"<html><body><p> Monday.com (MNDY) has implemented a restructuring plan that would reduce its workforce by about 20%, the company said in a Wednesday filing.</p><p>The restructuring is intended to align the company's organizational structure with its focus on the AI Work Platform, according to the filing.</p><p>Monday.com estimates net charges of about $45 million to $55 million related to the restructuring and expects to recognize the majority of these in H2, around the same time it anticipates completing the plan substantially, the company said.</p><p>The company also said it expects 2026 revenue growth to be in line with or higher than its guidance of 19% to 20%.</p><p>Monday.com stock was up more than 2% premarket Wednesday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Monday.com to Cut Workforce by 20% Under Restructuring Plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMonday.com to Cut Workforce by 20% Under Restructuring Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-22 19:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Monday.com (MNDY) has implemented a restructuring plan that would reduce its workforce by about 20%, the company said in a Wednesday filing.</p><p>The restructuring is intended to align the company's organizational structure with its focus on the AI Work Platform, according to the filing.</p><p>Monday.com estimates net charges of about $45 million to $55 million related to the restructuring and expects to recognize the majority of these in H2, around the same time it anticipates completing the plan substantially, the company said.</p><p>The company also said it expects 2026 revenue growth to be in line with or higher than its guidance of 19% to 20%.</p><p>Monday.com stock was up more than 2% premarket Wednesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4613","symbol_name":"AI应用软件","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2653754470","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653754470","pubTimestamp":1784718166,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Monday.com  has implemented a restructuring plan that would reduce its workforce by about 20%, the company said in a Wednesday filing.The restructuring is intended to align the company's organizational structure with its focus on the AI Work Platform, according to the filing.Monday.com estimates net charges of about $45 million to $55 million related to the restructuring and expects to recognize the majority of these in H2, around the same time it anticipates completing the plan substantially, the company said.The company also said it expects 2026 revenue growth to be in line with or higher than its guidance of 19% to 20%.Monday.com stock was up more than 2% premarket Wednesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4613":"AI应用软件","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","MNDY":"Monday.com Ltd.","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4539":"次新股","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1548497426.USD":"安联环球人工智能AT Acc","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4097":"系统软件"},"translate_title":"Monday.com 根据重组计划裁员 20%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MNDY":1},"content_text":"Monday.com (MNDY) has implemented a restructuring plan that would reduce its workforce by about 20%, the company said in a Wednesday filing.The restructuring is intended to align the company's organizational structure with its focus on the AI Work Platform, according to the filing.Monday.com estimates net charges of about $45 million to $55 million related to the restructuring and expects to recognize the majority of these in H2, around the same time it anticipates completing the plan substantially, the company said.The company also said it expects 2026 revenue growth to be in line with or higher than its guidance of 19% to 20%.Monday.com stock was up more than 2% premarket Wednesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653754470","isCrawlerRequest":true}