Monday.com has become the latest technology company to cite artificial intelligence as a factor in a major workforce reduction.The company announced plans to lay off approximately 20% of its employees, affecting more than 600 people, while continuing to invest heavily in its AI-focused strategy.

Executives emphasized that the restructuring is intended to support an AI-first business model rather than simply replace workers with AI, although the company expects tens of millions of dollars in restructuring costs while maintaining strong revenue growth projections for 2026.The article places Monday.com's announcement within a broader trend across the technology industry.According to Financial Times data cited by TechCrunch, U.S.technology companies have eliminated nearly 140,000 jobs since the beginning of 2026, with Amazon, Oracle, Meta, and Microsoft accounting for a significant share of those reductions.

Many companies have stated that AI-driven organizational changes, operational efficiency, and investments in data centers and AI infrastructure are contributing factors behind their restructuring efforts.

The report also highlights that investors have reacted cautiously to companies attributing layoffs to AI, with such firms generally underperforming the Nasdaq shortly after announcing job cuts.

At the same time, AI-focused companies including OpenAI and Anthropic continue expanding their hiring, while several established technology firms are shifting employees into AI-related positions instead of eliminating all affected roles.

The article concludes with a chronological list of major companies—including Microsoft, Oracle, GitLab, Google, Intuit, Meta, Cisco, Cloudflare, General Motors, Coinbase, PayPal, IBM, Atlassian, Dell, Block, Salesforce, and Amazon—that have announced layoffs or workforce restructuring during 2026 in which AI was identified as a contributing factor or strategic priority.