Avishai Abrahami says Wix had no choice but to cut 1,000 jobs, about 20% of its workforce, citing dollar-shekel pressure, AI restructuring and the need to flatten management

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…

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…