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channelnewsasia.com

Israeli website creator Wix.com cuts 1000 jobs due to strong shekel, growth of AI

JERUSALEM, May 28 : Israel's Wix.com, which helps small businesses build and operate websites, is laying off 20 per cent of its workforce, or more than 1,000 workers, CEO Avishai Abrahami said on Thursday.In an X post, Abrahami cited a strong shekel versus the dollar and a fast evolution of AI capabilities.

giovedì 28 maggio 2026 New tab

102 words~1 min read

FILE PHOTO: A message reading "AI artificial intelligence," a keyboard and robot hands are seen in this illustration created on January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

28 May 2026 06:30PM

(Updated: 28 May 2026 06:39PM)

JERUSALEM, May 28 : Israel's Wix.com, which helps small businesses build and operate websites, is laying off 20 per cent of its workforce, or more than 1,000 workers, CEO Avishai Abrahami said on Thursday.In an X post, Abrahami cited a strong shekel versus the dollar and a fast evolution of AI capabilities.Wix had a headcount of 5,277 employees at the end of the first quarter.

Source: Reuters

Other newsrooms on this story

· 10 sources

Full timeline →

thenextweb.com·May 28, 2026 · 1 g fa
Wix cuts 20% of workforce in AI and currency restructuring
cnbc.com·May 28, 2026 · 1 g fa
Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut
timesofindia.indiatimes.com·May 26, 2026 · 4 g fa
Wix to lay off 1,000 employees in biggest job cut in company history as AI pressure mounts
ynetnews.com·May 25, 2026 · 4 g fa
Wix to cut 1,000 jobs as weak results, AI shift pressure company
techspot.com·May 29, 2026 · 18 h fa
Wix lays off 1,000 workers as the AI jobs apocalypse keeps looking very real
newsbytesapp.com·May 26, 2026 · 4 g fa
Website builder Wix to lay off 20% workforce
qz.com·May 28, 2026 · 1 g fa
Wix layoffs 2026: company cutting 20% of workforce
ynetnews.com·May 28, 2026 · 1 g fa
Wix CEO confirms massive layoffs: ‘We had no choice’
cryptobriefing.com·May 28, 2026 · 1 g fa
Wix cuts 1,000 jobs, about 20% of workforce, as AI reshapes the website builder
hindustantimes.com·May 29, 2026 · 1 g fa
‘Will be saying goodbye to many friends’: Read Wix CEO Avishai Abrahami’s memo on cutting 20% of team

Related reading

channelnewsasia.com

Israeli website creator Wix.com cuts 1,000 jobs, citing strong shekel and AI

JERUSALEM, May 28 : Israel's Wix.com, which helps small businesses build and operate websites, is laying off 20 per cent of its…

channelnewsasia.com·1 g fa

Wix cuts 20% of workforce in AI and currency restructuring

Wix lays off 1,000 employees, 20% of staff, as a strong shekel and AI competition squeeze the website builder. Stock has fallen…

thenextweb.com·1 g fa

Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in…

Israel-based web development company Wix is slashing roughly 20% of its workforce, CEO Avishai Abrahami announced in a post on X…

cnbc.com·1 g fa

timesofindia.indiatimes.com

Wix to lay off 1,000 employees in biggest job cut in company history as AI…

Wix is preparing to lay off about 1,000 employees, roughly 20% of its workforce, in the largest round of job cuts in the…

timesofindia.indiatimes.com·4 g fa

Wix to cut 1,000 jobs as weak results, AI shift pressure company

Israeli website-building company plans largest layoffs in its history, cutting about 20% of workforce after stock loses half its…

ynetnews.com·4 g fa

Wix lays off 1,000 workers as the AI jobs apocalypse keeps looking very real

CEO Avishai Abrahami wrote on X that reducing the Wix team by 20%, or around 1,000 people, was a "hard decision" (four times).

techspot.com·18 h fa