Monday.com is the latest tech company to blame AI for layoffs — see 20 others

Monday.com, a Tel Aviv-based work administration software program firm recognized for its colourful and customizable challenge monitoring boards, this week grew to become the newest know-how firm to quote AI as a think about job cuts. On Wednesday, the corporate introduced in an SEC submitting that it might lay off roughly 20% of its workforce, or simply over 600 workers, as a part of a “restructuring plan” associated to “ongoing transformation of our product, advertising and marketing, and go-to-market methods” that help a “leaner and extra centered working mannequin” because it continues to spend money on its “AI-driven progress technique.”

Co-founder Eran Zinman instructed workers in a LinkedIn memo that the transfer was “not made to chop prices or exchange AI,” however as an alternative to align the group with the brand new AI-first imaginative and prescient the corporate set out a few yr in the past when it rebranded to drive AI throughout the platform. Monday.com, which has two workplaces within the U.S., expects internet restructuring prices to be between $45 million and $55 million, however nonetheless expects 2026 income to extend by as much as 20% yr over yr.

To date, U.S. tech corporations have lower practically 140,000 jobs because the starting of this yr, with Amazon, Oracle, Meta and Microsoft alone, that are pumping a whole bunch of billions of {dollars} into increasing AI information facilities, accounting for about 50,000 of these jobs, in line with a brand new Monetary Instances evaluation. Curiously, the FT additionally discovered that corporations that cited AI as a think about job cuts underperformed the Nasdaq by nearly 10% within the 30 buying and selling days following the announcement, suggesting that the market has not absolutely accepted the story corporations are telling.

Nonetheless, the state of affairs will not be all bleak. The FT factors out that AI-focused corporations like Anthropic and OpenAI are hiring quickly, absorbing a few of the expertise misplaced elsewhere within the business. And a few corporations which might be chopping employees are altering their workforce relatively than fully disappearing. For instance, Meta positioned about 7,000 workers into new AI-focused roles earlier this yr, even because it laid off 8,000 others. Alongside current job cuts, IBM says it’s tripling its entry-level hiring for AI and hybrid cloud roles.

Under is a reverse chronological overview of the main know-how corporations that introduced large-scale AI-specific layoffs this yr.

microsoft — July 9, 2026. Based on the FT, Microsoft has lower round 4,800 positions, or 2.1% of its international workforce, principally in its Xbox gaming division, resetting its enterprise simply three years after buying Activision Blizzard for $75 billion. Individually, the corporate proposed the acquisition within the type of voluntary redundancies, however didn’t say what number of workers can be affected. The corporate mentioned that eliminating roles “is not going to get replaced by AI,” however acknowledged that “AI is altering the way in which work will get executed.” CFO Amy Hood mentioned whole headcount was down year-over-year within the fiscal third quarter and is anticipated to proceed to say no as the corporate focuses on “constructing high-performing groups that function with tempo and agility” as AI investments improve.

oracle — June 22, 2026. In late June, Oracle mentioned it had lower its workforce by 21,000 folks over the previous 12 months, a 13% decline. Which means there have been extra layoffs than beforehand recognized, together with the influence of AI. “The introduction and implementation of AI know-how throughout our companies has resulted in, and should proceed to lead to, workforce reductions,” the corporate mentioned in its annual monetary regulatory submitting.

GitLab — June 3, 2026. GitLab laid off roughly 350 workers, roughly 14% of its employees, to fund investments in AI infrastructure and deal with the surge in visitors from AI workflows. CEO Invoice Staples mentioned agent workloads are “pushing our rivals to the brink” and the corporate has begun a “generational restructuring” of its core infrastructure to help what he calls 100x progress necessities. GitLab is exiting 22 international locations, flattening its administration layer, and partnering with unspecified AI labs to rebuild its platform for agent-scale workloads. The corporate reported first-quarter gross sales of $264 million, up 23% yr over yr, and expects to incur $30 million to $35 million in restructuring prices.

google — Persevering with till Might. Alphabet Inc.’s Google quietly lower jobs throughout its cloud division, together with its risk intelligence group and Mandiant-related cybersecurity employees, at the same time as cloud income rose 63% to surpass $20 billion for the primary time and its backlog practically doubled to greater than $460 billion. Over the previous yr, Google has lower greater than a 3rd of the managers who oversee small groups. There are 35% fewer managers and fewer direct stories. In contrast to most corporations on this checklist, Google has by no means launched its general numbers. The job cuts are being made by a rolling efficiency overview course of, a voluntary acquisition program and a restructuring, with exterior estimates placing the whole variety of engineers in 2026 at 1,500 to greater than 3,000.

instinct — Might 20, 2026. Intuit introduced plans to eradicate roughly 3,000 jobs, or roughly 17% of its workforce, in an organizational restructuring centered on decreasing complexity and reallocating assets to AI. CEO Sasan Goodarzi instructed employees that the corporate is decreasing complexity and simplifying its construction so it may well ship higher merchandise.

meta — Might 20-21, 2026. Meta laid off about 8,000 workers, or about 10% of its workforce, whereas inserting about 7,000 workers in new AI-focused roles that they reportedly disliked. CEO Mark Zuckerberg instructed employees that the job cuts had been needed as a result of “success will not be a given” within the AI ​​house.

Cisco — Might 14, 2026 Cisco introduced practically 4,000 layoffs, about 5% of its workforce, regardless of reporting better-than-expected income and income. CFO Mark Patterson mentioned: “This wasn’t actually a savings-driven restructuring…That is extra of a realignment of assets round silicon, optics, safety and AI.”

cloudflare — Might 7-8, 2026. Cloudflare lower about 20% of its workforce (1,100 folks) and reported quarterly income of $639.8 million, up 34% year-over-year and the corporate’s highest single-quarter in historical past. “Nearly all of these we laid off final week had been in center administration, finance, authorized, inner audit, income recognition and different measurement roles,” CEO Matthew Prince wrote.

common motors — Might 12, 2026 GM says it’s reevaluating its workforce wants amid unsure market situations and has lower 500 to 600 IT jobs, primarily in Austin, Texas, and Warren, Michigan. An individual conversant in the layoffs instructed CNBC that whereas AI performed a task within the choice, it was not the one purpose. “We’re remodeling our info know-how group to raised place the corporate for the longer term,” GM mentioned in a press release. Regardless of the job cuts, the corporate nonetheless had about 80 open IT positions in areas equivalent to AI, motorsports and self-driving automobiles.

coinbase — Might 5, 2026. The cryptocurrency alternate introduced that it’ll lower roughly 700 jobs, or 14% of its workforce, as a part of an organizational restructuring geared toward responding to market volatility and bettering AI effectivity. The corporate mentioned it’s going to flatten its organizational construction to 5 ranges under the CEO and COO and experiment with “one-person groups” that mix engineering, design and product roles. CEO Brian Armstrong mentioned AI has dramatically modified the tempo of labor. “With AI, engineers can now ship work in days that beforehand took groups weeks,” he mentioned, including that the corporate must “leverage AI in each facet of our work.”

paypal — Might 5, 2026. PayPal has introduced plans to chop roughly 20% of its workforce (greater than 4,500 folks) over the following two to a few years as a part of a turnaround technique centered on AI adoption and organizational simplification. CEO Enrique Lores instructed traders that the corporate is “aggressively introducing AI” into its improvement processes and has created a brand new “AI Transformation and Simplification” workforce that can report on to him and will likely be tasked with redesigning the corporate’s processes “on a purposeful foundation.” Lores characterised the layoffs because the elimination of organizational layers and mentioned AI will prolong far past coding into customer support, help operations and danger administration.

microsoft — April-Might 2026. Microsoft proposed the acquisition, which was structured as a voluntary redundancy, however didn’t say what number of workers can be affected. CFO Amy Hood mentioned whole headcount was down year-over-year within the fiscal third quarter and is anticipated to proceed to say no as the corporate focuses on “constructing high-performing groups that function with tempo and agility” as AI investments improve.

snap — April 16, 2026. Snap has lower about 16% of its international workforce (about 1,000 full-time workers) and eradicated greater than 300 open positions, with CEO Evan Spiegel citing advances in AI as a key driver. “Fast advances in synthetic intelligence are enabling our groups to scale back repetitive duties, improve pace, and higher help our communities, companions, and advertisers,” Spiegel mentioned in a memo filed with the SEC. The corporate mentioned it has already recognized small groups utilizing AI instruments to drive advances throughout Snapchat+, advert platform efficiency, and infrastructure effectivity.

IBM Between 3,000 and 9,000 positions are estimated to be eradicated within the U.S. between This fall 2025 cuts and Purple Hat Engineering cuts in April 2026, bringing IBM’s cumulative whole since September 2024 to greater than 15,000. Bloomberg reported that IBM plans to triple its entry-level AI and hybrid cloud hiring within the US, though about 200 HR jobs have been changed by AI brokers. An IBM spokesperson described the This fall 2025 spherical as an everyday rebalancing that can influence “low single digits” of its international workforce.

atlassian — March 11, 2026. Regardless of a virtually 2% share value improve on the information, Atlassian lower about 1,600 jobs (10% of its workforce) because it seeks to “rebalance” gross sales towards AI and enterprise. “Our method will not be ‘AI will exchange people,'” mentioned CEO Mike Cannon-Brooks. However it might be disingenuous to faux that AI will not change the combination of expertise wanted or the variety of roles wanted in a given subject. There it’s. ”

Dell — January thirtieth (disclosure will likely be in March 2026). In fiscal 2026, Dell’s whole workforce was roughly 97,000, down roughly 11,000 from 108,000 within the prior yr, and the corporate spent $569 million in severance. The discount comes after Dell predicted that AI-optimized server income might double in fiscal 2027.

oracle — From March 5 to 31, 2026. As talked about above, Oracle started telling workers through terminal e-mail that it was chopping hundreds of jobs. The cuts got here at the same time as Oracle posted a 27% year-over-year improve in quarterly internet revenue to $3.7 billion, and its remaining efficiency obligations rose 325% to $553 billion, with the financial savings directed towards AI information facilities. The job cuts would later whole 21,000 jobs over 12 months, as Oracle revealed in its June 22 annual report.

block — February 26-27, 2026. Jack Dorsey’s block lower 4,000 jobs, decreasing nearly half its workforce from greater than 10,000 to fewer than 6,000. Mr. Dorsey writes of X: “We’re already seeing that the intelligence instruments we’re creating and utilizing, mixed with smaller, flatter groups, are enabling new methods of working that basically change what it means to begin and run an organization.” He added, “I feel most corporations are behind the curve. Inside the subsequent yr, the overwhelming majority of corporations will come to the identical conclusion and make related structural modifications.”

gross sales drive — February 10, 2026. Salesforce has laid off fewer than 1,000 workers throughout its advertising and marketing, product administration, information analytics, and Agentforce AI divisions. The corporate instructed Fortune, “Because of the advantages and efficiencies of Agentforce, we’re dealing with fewer help circumstances and now not must actively fill help engineer roles.” This comes after it beforehand lower about 4,000 buyer help roles and shrunk its workforce from about 9,000 to five,000 folks, with CEO Marc Benioff saying the corporate wanted to “cut back headcount” as AI brokers dealt with the work.

Amazon — January 28, 2026. Following the 14,000 job cuts in October 2025, Amazon has lower 16,000 folks, or about 9% of its company workforce, in three months. The corporate mentioned this was a part of “strengthening the group by decreasing hierarchy, growing possession and eliminating paperwork.” CEO Andy Jassy mentioned in June 2025, “Deploying extra generative AI and brokers ought to change the way in which we work. Fewer folks will likely be wanted to do a few of the jobs we do at present…We count on corporations to scale back their whole workforce over the following few years as widespread use of AI throughout the corporate improves effectivity.”