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

Wix is preparing to lay off about 1,000 employees, roughly 20% of its workforce, in the largest round of job cuts in the company's history. The Israeli website-building firm is moving ahead with the downsizing after a brutal first quarter, with its stock down nearly 50% since January and many internal roles looking increasingly redundant in the AI era, CTech reported.

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