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

Monday.com, the Tel Aviv-based work administration software program firm recognized for its colourful, customizable project-tracking boards, this week grew to become the newest tech firm to quote AI as a think about job cuts. On Wednesday, the corporate mentioned in an SEC submitting that it’s going to lay off about 20% of its workforce, or simply over 600 workers, as a part of a “restructuring plan” tied to its “ongoing transformation of its product, advertising, and go-to-market technique” in help of “a leaner, extra targeted working mannequin” because it continues investing in its “AI-driven development technique.”

Co-founder Eran Zinman instructed workers in a LinkedIn memo that the transfer “was not made to scale back prices or substitute folks with AI,” positioning it as an alternative as adapting the group to a brand new AI-first imaginative and prescient the corporate laid out roughly a 12 months in the past when it rebranded round a platform-wide AI push. Monday.com, which has two workplaces within the U.S., expects $45 million to $55 million in internet restructuring fees however nonetheless initiatives as much as 20% year-over-year income development for 2026.

Thus far, in accordance with new Monetary Instances evaluation, U.S. tech firms have slashed almost 140,000 jobs for the reason that begin of this 12 months, with Amazon, Oracle, Meta, and Microsoft alone accounting for nearly 50,000 of these cuts as they funnel a whole lot of billions of {dollars} into AI knowledge middle buildouts. Apparently, the FT additionally discovered that firms citing AI as a think about job cuts have underperformed the Nasdaq by nearly 10% within the 30 buying and selling days following their bulletins, suggesting the market doesn’t solely purchase the tales that the businesses are telling.

Nonetheless, the image isn’t uniformly bleak. The FT notes that AI-focused firms like Anthropic and OpenAI are hiring quickly, absorbing a number of the expertise shed elsewhere within the trade. And inside a number of the very firms making cuts, headcount is shifting somewhat than disappearing solely. Meta, for example, earlier this 12 months moved roughly 7,000 workers into new AI-focused roles even because it laid off 8,000 others, and IBM says it’s tripling entry-level hiring for AI and hybrid-cloud roles alongside latest cuts.

Beneath is a operating look — in reverse chronological order — on the larger tech firms which have introduced important layoffs this 12 months with AI as a acknowledged issue.

Microsoft — July 9, 2026. Microsoft lower about 4,800 roles, or 2.1% of its world workforce, most of them in its Xbox gaming unit, resetting the enterprise solely three years after buying Activision Blizzard for $75 billion, per the FT. Individually, it provided buyouts structured as voluntary separations, with out disclosing what number of workers these would impression. The corporate mentioned the function eliminations have been “not being changed by AI” however acknowledged “AI is altering how work will get executed.” CFO Amy Hood mentioned whole headcount declined year-over-year in fiscal Q3, and was anticipated to maintain declining as the corporate focuses on “constructing high-performing groups that function with tempo and agility” amid rising AI funding.

Oracle — June 22, 2026. Oracle disclosed in late June that it had diminished its workforce by 21,000 workers over the previous 12 months, a decline of 13%, which suggests extra cuts than was beforehand recognized, together with due to AI. “The adoption and deployment of AI applied sciences throughout our operations have resulted, and should proceed to end result, in reductions to our workforce,” the corporate mentioned in an annual monetary regulatory submitting.

GitLab — June 3, 2026. GitLab laid off roughly 350 employees, about 14% of its workers, to fund AI infrastructure funding and deal with surging visitors from AI workflows. CEO Invoice Staples mentioned agentic workloads are “pushing opponents to the brink” and that the corporate had begun a “generational rebuild” of its core infrastructure to help what he known as 100x development necessities. GitLab is exiting 22 international locations, flattening administration layers, and partnering with an unspecified AI lab to rebuild its platform for agent-scale workloads. The corporate reported first-quarter income of $264 million, up 23% year-over-year, and expects to incur $30 to $35 million in restructuring prices.

Google — ongoing by way of Might. Alphabet’s Google has quietly lower workers throughout its Cloud division, together with its Risk Intelligence Group and Mandiant-linked cybersecurity workers, whilst Cloud income grew 63% to exceed $20 billion for the primary time and its backlog almost doubled to over $460 billion. Over the previous 12 months, Google has lower greater than a 3rd of the managers overseeing small groups — 35% fewer managers with fewer direct stories. In contrast to most firms on this checklist, Google has by no means introduced a single general quantity — the cuts have come by way of a rolling efficiency overview course of, a voluntary buyout program, and structural reorganizations, with outdoors estimates placing the 2026 whole at between 1,500 and three,000+ engineers.

Intuit — Might 20, 2026. Intuit introduced plans to eradicate roughly 3,000 jobs — about 17% of its whole workforce — in a restructuring centered on decreasing complexity and reallocating assets towards AI. CEO Sasan Goodarzi reportedly instructed workers the corporate is decreasing complexity and simplifying the construction so it might ship higher merchandise.

Meta — Might 20-21, 2026. Meta laid off about 8,000 workers, roughly 10% of its workforce, whereas transferring about 7,000 workers into new AI-focused roles (that they reportedly hate). CEO Mark Zuckerberg instructed workers the cuts have been obligatory as a result of “success isn’t a given” in AI.

Cisco — Might 14, 2026. Cisco introduced it’s reducing almost 4,000 jobs, about 5% of its workforce, regardless of reporting better-than-expected revenue and income. CFO Mark Patterson mentioned: “This was actually not a savings-driven restructure… that is extra [about] realigning … assets round silicon, optics, safety and AI.”

Cloudflare — Might 7-8, 2026. Cloudflare lower about 20% of its workforce (1,100 folks), reporting quarterly income of $639.8 million, up 34% year-over-year and the best single quarter in firm historical past. CEO Matthew Prince wrote that “the overwhelming majority of these we laid off final week have been measurers” — center administration, finance, authorized, inside auditing, and income recognition.

Normal Motors — Might 12, 2026. GM eradicated 500 to 600 jobs, largely in IT roles in Austin, Texas, and Warren, Michigan, saying it was reevaluating its workforce wants amid unsure market situations. An individual aware of the cuts instructed CNBC that AI performed a job within the determination however that it wasn’t the one cause. GM’s assertion mentioned it was “reworking its Data Expertise group to higher place the corporate for the longer term.” Regardless of the cuts, the corporate nonetheless had roughly 80 open IT positions, together with roles in AI, motorsports, and autonomous automobiles.

Coinbase — Might 5, 2026. The crypto change mentioned it was reducing about 700 workers, or 14% of its workers, as a part of a restructuring aimed toward addressing market volatility and rising AI effectivity. The corporate flattened its organizational construction to 5 layers under the CEO and COO, and mentioned it might experiment with “one-person groups” combining engineering, design, and product roles. CEO Brian Armstrong wrote that AI had modified the tempo of labor dramatically — “engineers use AI to ship in days what used to take a crew weeks” — and that the corporate wanted to “leverage AI throughout each aspect of our jobs.”

PayPal — Might 5, 2026. PayPal introduced plans to chop round 20% of its workforce over the subsequent two to 3 years — north of 4,500 jobs — as a part of a turnaround technique centered on AI adoption and organizational simplification. CEO Enrique Lores instructed traders the corporate would “aggressively undertake AI” in its improvement processes and fashioned a brand new “AI transformation and simplification” crew reporting on to him, tasked with redesigning the corporate’s processes “operate by operate.” Lores framed the cuts as eradicating organizational layers, and mentioned AI would prolong nicely past coding into customer support, help operations, and threat administration.

Microsoft — April-Might 2026. Microsoft provided buyouts structured as voluntary separations, with out disclosing what number of workers these would impression. CFO Amy Hood mentioned whole headcount declined year-over-year in fiscal Q3, and is anticipated to maintain declining as the corporate focuses on “constructing high-performing groups that function with tempo and agility” amid rising AI funding.

Snap — April 16, 2026. Snap lower roughly 16% of its world workforce — about 1,000 full-time workers — and closed greater than 300 open roles, with CEO Evan Spiegel citing AI developments as a key driver. “Fast developments in synthetic intelligence allow our groups to scale back repetitive work, enhance velocity, and higher help our group, companions, and advertisers,” Spiegel wrote in a memo filed with the SEC. The corporate mentioned it had already seen small squads utilizing AI instruments to drive progress throughout Snapchat+, advert platform efficiency, and infrastructure effectivity.

IBM — rolling by way of 2026. Between This autumn 2025 cuts and April 2026 Pink Hat engineering reductions, estimates vary from 3,000 to 9,000 U.S. positions eradicated, bringing IBM’s cumulative whole since September 2024 above 15,000. Bloomberg reported IBM plans to triple its U.S. entry-level hiring for AI and hybrid-cloud roles, whilst roughly 200 HR positions have been changed by AI brokers. An IBM spokesperson described the This autumn 2025 spherical as a routine rebalancing affecting “a low single-digit share” of its world workforce.

Atlassian — March 11, 2026. Atlassian lower about 1,600 jobs (10% of its workforce) to “rebalance” towards AI and enterprise gross sales, whilst shares rose almost 2% on the information. CEO Mike Cannon-Brookes mentioned: “Our strategy just isn’t ‘AI replaces folks.’ However it might be disingenuous to fake AI doesn’t change the combination of expertise we’d like or the variety of roles required in sure areas. It does.”

Dell — January 30 (although disclosed in March 2026). Dell’s whole workforce fell about 10% in fiscal 2026 — roughly 11,000 jobs — to about 97,000 workers from 108,000 a 12 months earlier, with $569 million spent on severance. The cuts got here as Dell projected its AI-optimized server income might double in fiscal 2027.

Oracle — March 5-31, 2026. As famous above, Oracle started telling workers it might be reducing hundreds of jobs through terminal emails. The cuts got here whilst Oracle posted $3.7 billion in quarterly internet earnings, up 27% year-over-year, with remaining efficiency obligations up 325% to $553 billion — financial savings redirected towards AI knowledge facilities. The cuts that will later whole 21,000 over 12 months, as Oracle disclosed in its June 22 annual submitting.

Block — February 26-27, 2026. Jack Dorsey’s Block lower 4,000 jobs — almost half its workforce, all the way down to underneath 6,000 from over 10,000. Dorsey wrote on X: “We’re already seeing that the intelligence instruments we’re creating and utilizing, paired with smaller and flatter groups, are enabling a brand new means of working which essentially modifications what it means to construct and run an organization.” He added: “I believe most firms are late. Inside the subsequent 12 months, I imagine nearly all of firms will attain the identical conclusion and make related structural modifications.”

Salesforce — February 10, 2026. Salesforce laid off fewer than 1,000 workers throughout advertising, product administration, knowledge analytics, and its Agentforce AI unit. The corporate instructed Fortune, “Due to the advantages and efficiencies of Agentforce, we’ve seen the variety of help instances we deal with decline and we not must actively backfill help engineer roles.” This adopted an earlier lower of about 4,000 customer-support roles, shrinking that crew from roughly 9,000 to five,000, with CEO Marc Benioff saying the corporate wanted “much less heads” as a result of AI brokers deal with the work.

Amazon — January 28, 2026. Amazon lower 16,000 company jobs, following 14,000 cuts in October 2025 — about 9% of its company workforce in three months. The corporate mentioned it was a part of “strengthen[ing] our group by decreasing layers, rising possession, and eradicating forms.” CEO Andy Jassy had mentioned in June 2025 that, “As we roll out extra generative AI and brokers, it ought to change the way in which our work is completed. We are going to want fewer folks doing a number of the jobs which are being executed in the present day… within the subsequent few years, we anticipate that it will scale back our whole company workforce as we get effectivity good points from utilizing AI extensively throughout the corporate.”