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

Monday.com, the Tel Aviv-based enactment absorption bundle institution known for its colorful, customizable project-tracking boards, this week became the latest tech institution to mention AI arsenic a origin successful occupation cuts. On Wednesday, the institution said successful an SEC filing that it volition laic disconnected astir 20% of its workforce, oregon conscionable implicit 600 employees, arsenic portion of a “restructuring plan” tied to its “ongoing translation of its product, marketing, and go-to-market strategy” successful enactment of “a leaner, much focused operating model” arsenic it continues investing successful its “AI-driven maturation strategy.”

Co-founder Eran Zinman told employees successful a LinkedIn memo that the determination “was not made to trim costs oregon regenerate radical with AI,” positioning it alternatively arsenic adapting the enactment to a caller AI-first imaginativeness the institution laid retired astir a twelvemonth agone erstwhile it rebranded astir a platform-wide AI push. Monday.com, which has 2 offices successful the U.S., expects $45 cardinal to $55 cardinal successful nett restructuring charges but inactive projects up to 20% year-over-year gross maturation for 2026.

So far, according to caller Financial Times analysis, U.S. tech companies person slashed astir 140,000 jobs since the commencement of this year, with Amazon, Oracle, Meta, and Microsoft unsocial accounting for astir 50,000 of those cuts arsenic they funnel hundreds of billions of dollars into AI information halfway buildouts. Interestingly, the FT besides recovered that companies citing AI arsenic a origin successful occupation cuts person underperformed the Nasdaq by astir 10% successful the 30 trading days pursuing their announcements, suggesting the marketplace doesn’t wholly bargain the stories that the companies are telling.

Still, the representation isn’t uniformly bleak. The FT notes that AI-focused companies similar Anthropic and OpenAI are hiring rapidly, absorbing immoderate of the endowment shed elsewhere successful the industry. And wrong immoderate of the precise companies making cuts, headcount is shifting alternatively than simply shrinking: Meta, for instance, earlier this twelvemonth moved astir 7,000 employees into caller AI-focused roles adjacent arsenic it laid disconnected 8,000 others, and IBM says it’s tripling entry-level hiring for AI and hybrid-cloud roles alongside caller cuts.

Below is simply a moving look — successful reverse chronological bid — astatine the bigger tech companies that person announced important layoffs this twelvemonth with AI arsenic a stated factor.

Microsoft — July 9, 2026. Microsoft chopped astir 4,800 roles, oregon 2.1% of its planetary workforce, astir of them successful its Xbox gaming unit, resetting the concern lone 3 years aft acquiring Activision Blizzard for $75 billion, per the FT. Separately, it offered buyouts structured arsenic voluntary separations, without disclosing however galore employees these would impact. The institution said the relation eliminations were “not being replaced by AI” but acknowledged “AI is changing however enactment gets done.” CFO Amy Hood said full headcount declined year-over-year successful fiscal Q3, and was expected to support declining arsenic the institution focuses connected “building high-performing teams that run with gait and agility” amid rising AI investment.

Oracle — June 22, 2026. Oracle disclosed successful precocious June that it had reduced its workforce by 21,000 employees implicit the past 12 months, a diminution of 13%, which means much cuts than was antecedently known, including due to the fact that of AI. “The adoption and deployment of AI technologies crossed our operations person resulted, and whitethorn proceed to result, successful reductions to our workforce,” the institution said successful an annual fiscal regulatory filing.

GitLab — June 3, 2026. GitLab laid disconnected astir 350 workers, astir 14% of its staff, to money AI infrastructure concern and grip surging postulation from AI workflows. CEO Bill Staples said agentic workloads are “pushing competitors to the brink” and that the institution had begun a “generational rebuild” of its halfway infrastructure to enactment what helium called 100x maturation requirements. GitLab is exiting 22 countries, flattening absorption layers, and partnering with an unspecified AI laboratory to rebuild its level for agent-scale workloads. The institution reported first-quarter gross of $264 million, up 23% year-over-year, and expects to incur $30 to $35 cardinal successful restructuring costs.

Google — ongoing done May. Alphabet’s Google has quietly cut employees crossed its Cloud division, including its Threat Intelligence Group and Mandiant-linked cybersecurity staff, adjacent arsenic Cloud gross grew 63% to transcend $20 cardinal for the archetypal clip and its backlog astir doubled to implicit $460 billion. Over the past year, Google has chopped much than a 3rd of the managers overseeing tiny teams — 35% less managers with less nonstop reports. Unlike astir companies connected this list, Google has ne'er announced a azygous wide fig — the cuts person travel done a rolling show reappraisal process, a voluntary buyout program, and structural reorganizations, with extracurricular estimates putting the 2026 full astatine betwixt 1,500 and 3,000+ engineers.

Intuit — May 20, 2026. Intuit announced plans to destruct roughly 3,000 jobs — astir 17% of its full workforce — successful a restructuring centered connected reducing complexity and reallocating resources toward AI. CEO Sasan Goodarzi reportedly told unit the institution is reducing complexity and simplifying the operation truthful it tin present amended products.

Meta — May 20-21, 2026. Meta laid disconnected astir 8,000 employees, astir 10% of its workforce, portion moving astir 7,000 employees into caller AI-focused roles (that they reportedly hate). CEO Mark Zuckerberg told unit the cuts were indispensable due to the fact that “success isn’t a given” successful AI.

Cisco — May 14, 2026. Cisco announced it’s cutting astir 4,000 jobs, astir 5% of its workforce, contempt reporting better-than-expected nett and revenue. CFO Mark Patterson said: “This was truly not a savings-driven restructure… this is much [about] realigning … resources astir silicon, optics, information and AI.”

Cloudflare — May 7-8, 2026. Cloudflare chopped astir 20% of its workforce (1,100 people), reporting quarterly gross of $639.8 million, up 34% year-over-year and the highest azygous quarter successful institution history. CEO Matthew Prince wrote that “the immense bulk of those we laid disconnected past week were measurers” — mediate management, finance, legal, interior auditing, and gross recognition.

General Motors — May 12, 2026. GM eliminated 500 to 600 jobs, mostly successful IT roles successful Austin, Texas, and Warren, Michigan, saying it was reevaluating its workforce needs amid uncertain marketplace conditions. A idiosyncratic acquainted with the cuts told CNBC that AI played a relation successful the decision but that it wasn’t the lone reason. GM’s connection said it was “transforming its Information Technology enactment to amended presumption the institution for the future.” Despite the cuts, the institution inactive had astir 80 unfastened IT positions, including roles successful AI, motorsports, and autonomous vehicles.

Coinbase — May 5, 2026. The crypto speech said it was cutting astir 700 employees, oregon 14% of its staff, arsenic portion of a restructuring aimed astatine addressing marketplace volatility and expanding AI efficiency. The institution flattened its organizational operation to 5 layers beneath the CEO and COO, and said it would experimentation with “one-person teams” combining engineering, design, and merchandise roles. CEO Brian Armstrong wrote that AI had changed the gait of enactment dramatically — “engineers usage AI to vessel successful days what utilized to instrumentality a squad weeks” — and that the institution needed to “leverage AI crossed each facet of our jobs.”

Snap — April 16, 2026. Snap chopped astir 16% of its planetary workforce — astir 1,000 full-time employees — and closed much than 300 unfastened roles, with CEO Evan Spiegel citing AI advancements arsenic a cardinal driver. “Rapid advancements successful artificial quality alteration our teams to trim repetitive work, summation velocity, and amended enactment our community, partners, and advertisers,” Spiegel wrote successful a memo filed with the SEC. The institution said it had already seen tiny squads utilizing AI tools to thrust advancement crossed Snapchat+, advertisement level performance, and infrastructure efficiency.

IBM — rolling done 2026. Between Q4 2025 cuts and April 2026 Red Hat engineering reductions, estimates scope from 3,000 to 9,000 U.S. positions eliminated, bringing IBM’s cumulative full since September 2024 supra 15,000. Bloomberg reported IBM plans to triple its U.S. entry-level hiring for AI and hybrid-cloud roles, adjacent arsenic astir 200 HR positions were replaced by AI agents. An IBM spokesperson described the Q4 2025 circular arsenic a routine rebalancing affecting “a debased single-digit percentage” of its planetary workforce.

Oracle — March 5-31, 2026. As noted above, Oracle began telling employees it would beryllium cutting thousands of jobs via terminal emails. The cuts came adjacent arsenic Oracle posted $3.7 cardinal successful quarterly nett income, up 27% year-over-year, with remaining show obligations up 325% to $553 cardinal — savings redirected toward AI information centers. The cuts that would aboriginal full 21,000 implicit 12 months, arsenic Oracle disclosed successful its June 22 yearly filing.