The cofounder and CEO shared an internal memo on X.

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

Izraelio internetinių svetainių kūrimo bendrovė „Wix“ atleidžia maždaug 20 proc. savo darbuotojų, praneša cnbc.com.

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

Wix, the Israel-based website building giant is cutting around 20% of its workforce which is around 1,000 employees as part of a restructuring plan aimed at adapting to the fast…

The cofounder and CEO shared an internal memo on X.

Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.