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Israeli tech firm Wix plans layoffs of 800–1,000 employees worldwide
The 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 Buyback
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ynetnews.com
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 value this year; Base44 grows fast but drives…
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haaretz.com
Israeli tech firm Wix plans layoffs of 800–1,000 employees worldwide
The 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…
