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

Twenty years ago at Microsoft I helped build a product that should have ended an elite profession. Demand exploded instead.

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…

CEOs are pushing workers to embrace AI. At the same time, some are citing the technology as a reason for layoffs.

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.