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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.
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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…
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timesofindia.indiatimes.com
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…
