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Big cuts are coming for Monday.com.The enterprise software company plans to cut 20% of its workforce, according to a Form 6-K it filed. The layoffs are meant to align the company with its “strategic focus on the AI Work Platform,” the disclosure said.Monday.com joins the growing group of companies citing AI while announcing layoffs, like Snap and Block. Monday.com said that it was pursuing an “AI-driven growth strategy.””We entered a new era where AI is transforming the role of software, creating the greatest opportunity our industry has ever seen,” Monday.com cofounder and co-CEO Eran Zinman said in a note published…

When it comes to debates over the role of artificial intelligence in marketing, Jill Kramer, chief marketing and communications officer at Mastercard, is focused on the upside.”We need to give ourselves permission to embrace the positive first,” she said in a video interview for CMO Insider. “Let’s see all that it could be.”Kramer joined Mastercard in December 2025 as chief marketing and communications officer, after more than a decade at Accenture.She said that marketers need to give themselves permission to embrace the positives of AI because it can be an engine to foster creativity and deeper insights. Kramer said it’s…

Zohran Mamdani has tapped Lina Khan — a longtime ally and co-chair of his mayoral transition — to lead the board of directors for New York City’s Economic Development Corporation.The mayor announced Khan’s role in the City Hall Rotunda on Wednesday morning. McKinsey partner Anthony Shorris will join her as president and CEO of the EDC. Mamdani called the pair “a dream team” — a move he hopes is good news for both business growth and his affordability agenda.”Today’s appointees not only share a vision for the future of this office, but a commitment too, to executing on it,” the…

I spent years building a steady public-relations career in New York City, but ended up burned out and craving more.Driven by my longtime desire to transition into the journalism industry and live abroad, I applied to master’s programs in Europe. I chose one in Lisbon — a city I’d never even visited — and before I knew it, I was packing my life into two suitcases and making the move.I’ve now been here for 10 months, and my life has improved in so many ways. However, I’ve also encountered financial challenges I didn’t see coming.I live a healthier lifestyle now,…

Rep. Brett Guthrie, R-Ky., discusses how the United States should handle the AI race against China on ‘The Bottom Line.’ A Chinese national seeking asylum in New York City allegedly attempted to scam an elderly Buffalo-area woman out of $360,000 of her inheritance and life’s savings, using an internet fraud scheme while claiming to be a “Microsoft security” representative. Didi Zou, 39, was arrested in June for conspiracy to commit money laundering and wire fraud and faced a July detention hearing where U.S. Magistrate Judge Jeremiah McCarthy ordered him to remain in custody while the federal case proceeds, The Buffalo…

Stacy Taffet, Hershey’s chief growth and marketing officer, has already entered her spooky season.The Reese’s and Jolly Rancher parent is conjuring up a new Halloween playbook, carving the holiday into distinct micro-seasons that start months before October 31, Taffet exclusively told CMO Insider.A Morning Consult survey commissioned by Hershey in July found that 67% of US parents had bought Halloween candy or snacks during the summer in recent years. Almost half (49%) of parents polled were familiar with the term “Summerween.”With consumers celebrating Halloween early, CMOs face a challenge in building excitement without peaking too soon.Taffet said Hershey has shifted…

Fteri beach on Kefalonia, Greece. Miljko | Istock | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Yacht companies are offering discounts and special offers on charters in the Mediterranean this summer, as geopolitical conflicts cool demand.Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number of yachts offering special discounts for the rest of July and August. The softness has also led to more last-minute…

This as-told-to essay is based on a conversation with Adam Stewart, 43, who lives in the UK. The following has been edited for length and clarity.I worked for nearly 20 years straight before I took a career break.10 of those years were at Google, which I loved, but it was a long time to be at the same company. I was aware there were other options, but when I looked for my next challenge, I didn’t really know what I wanted to do next.In January 2024, I left Google and felt prepared to take anywhere between six months and two…

For decades, Brooks Laich’s life revolved around one goal: winning a Stanley Cup. When he walked away from that dream at 35, he said he felt like he failed himself and his family, friends, and fans.”I never won the Stanley Cup — something I’ve been chasing since I knew life existed,” said Laich, who played for the Ottawa Senators, Washington Capitals, Toronto Maple Leafs, and Los Angeles Kings.Laich told Business Insider that although he thought he was happy after his hockey career ended, he couldn’t bring himself to say the words “I retired” for five years. He also went through…

Todd Baldwin got an early start on investing, buying his first property at 23.He put $19,000 down on a $506,000 six-bedroom house outside Seattle, moved into the primary bedroom with his girlfriend at the time, now his wife, and rented out the remaining rooms. The rental income covered his mortgage and utilities and generated about $1,500 a month in additional cash flow, he said.By 25, Baldwin’s net worth crossed $1 million, mostly thanks to rental income, he said. At 28, he became a multimillionaire and felt comfortable leaving his six-figure corporate job to double down on real estate.Real estate helped…