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

Monday.com laid off about 600 employees (20% of workforce) citing AI as a factor in its restructuring, joining at least 20 other major tech companies that have cited AI in job cuts this year. U.S. tech companies have slashed nearly 140,000 jobs since January 2026, with Amazon, Oracle, Meta, and Microsoft accounting for almost 50,000 cuts as they invest heavily in AI data centers. Financial Times analysis found companies citing AI in layoffs underperformed the Nasdaq by nearly 10% in the 30 trading days after announcements.

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