Monday.com said in an SEC filing that it will lay off about 20% of its workforce, just over 600 employees, TechCrunch reported on July 25 in a running list of tech layoffs where employers cited AI. Co-founder Eran Zinman denied the move was meant to replace people with AI.
Microsoft cut about 4,800 roles in July, mostly in its Xbox unit, and said the cuts were "not being replaced by AI" while acknowledging "AI is changing how work gets done."
Source: TechCrunch