Artificial intelligence is increasingly reshaping employment across the global technology sector, with Monday.com becoming one of the latest companies to announce workforce reductions while expanding its AI strategy.

The Israeli software company revealed plans to reduce its workforce by about 20 percent as part of a broader restructuring programme designed to support future AI-driven growth.

Company executives stressed that the decision was not intended to replace employees with artificial intelligence but to reorganise operations around an AI-first business model.

The announcement reflects a broader trend across the technology industry. Several major firms, including Microsoft, Oracle, Google, Meta, Amazon, Salesforce, IBM and Dell, have either reduced staff or restructured their organisations while investing heavily in artificial intelligence infrastructure and products.

Although thousands of technology jobs have been eliminated this year, hiring has continued in specialised AI roles.

Companies developing advanced AI systems are recruiting engineers, researchers and infrastructure specialists, while some organisations are retraining or redeploying existing employees into AI-focused positions.

Industry analysts believe artificial intelligence is changing the nature of work rather than simply eliminating jobs.

As businesses automate repetitive tasks and improve productivity through AI, demand is expected to grow for workers with advanced technical, engineering and data-related skills.

Source: TechCrunch