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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 50% in 2026 after an earnings miss.
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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…
