Current sectionIsrael NewsTech NewsThe company returned to a quarterly loss after ramping up spending to compete in AI and 'vibe coding,' while simultaneously draining $1.7 billion from its cash reserves for a massive stock buybackShare to FacebookShare to XArticle printing is available to subscribers onlyPrint in a simple, ad-free formatSubscribeComments: Zen reading is available to subscribers onlyAd-free and in a comfortable reading formatSubscribe02:18 PM • May 25 2026 IDTWix is moving ahead with a new round of layoffs expected to affect between 800 and 1,000 employees globally.CommentsIn the NewsIsraeli Tech Firm Wix Plans Layoffs of 800–1,000 Employees Worldwide'Israelis Are More Genocidal Than You Think': The 'Counter Hasbara' of Andrey XIf Ben-Gvir Isn't Representative of Israel, Who Is?Australian Gaza Flotilla Activists Accuse Israel of Sexual Abuse, BeatingsIsrael Kills Five in Gaza in 24 Hours, Wounds Eight Others, Medics SayRemembering and rebuilding two years laterICYMIBen-Gvir Posts Video of Police Dragging Detained Gaza Flotilla ActivistsThe Most Consequential Republican Primary for Israel Is Happening in Kentucky'It Was Okay to Be Crazy': IDF Soldiers Discuss Moral Decay in LebanonUnmoved by Trump's Ticking Clock, Iran Forms a New Reality in the Persian Gulf`World Leaders Summon Israeli Envoys Over Ben-Gvir Gaza Flotilla Activists VideoOn Israel, Gaza and Palestine, Bigmouth Tucker Carlson Spoke Nothing but Truth