CEO Avishai Abrahami wrote on X that reducing the Wix team by 20%, or around 1,000 people, was a "hard decision" (four times).

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

Wix is cutting 1,000 jobs, about 20% of its workforce, as AI automation reduces demand for development roles and the stock slides nearly 50% in 2026.

JERUSALEM, May 28 : Israel's Wix.com, which helps small businesses build and operate websites, is laying off 20 per cent of its workforce, CEO Avishai Abrahami said on Thursday,…

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…

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.

According to the CEO, the fact that the company has shekel-dominated costs and dollar-denominated revenue made it impossible to keep its current operations running without cutting…

Wix CEO Avishai Abrahami announced a 20% staff reduction, citing AI advancements and currency shifts as driving factors for the layoffs.

Israel-based web development company Wix is slashing roughly 20% of its workforce, CEO Avishai Abrahami announced in a post on X early Thursday morning.

The Israel-based web company is eliminating roughly 1,000 jobs as currency pressure and AI reshape its cost structure

A number of companies, including Snap, Coinbase, and Wix, have attributed recent staff reductions to AI.

Wix CEO Avishai Abrahami cited two main reasons for the workforce reduction, with AI among them.

CEO Avishai Abrahami wrote on X that reducing the Wix team by 20%, or around 1,000 people, was a "hard decision" (four times).