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Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown

"The organizational realignment to streamline operations and reallocate resources..."

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benzinga.com

zerohedge.com

ynetnews.com

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zerohedge.comStai leggendo1 mese fa

Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown

"The organizational realignment to streamline operations and reallocate resources..."

originale

ynetnews.com1 mese fa

Wix cuts 2026 outlook less than two weeks after laying off 20% of workforce

Israeli website builder lowers bookings and revenue forecasts after warning of weakness in its partners business, which accounts for 38% of revenue; shares fell sharply in premarket trading as AI disruption fears…

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Timeline cronologica

lunedì 8 giugno 2026·benzinga.com
Wix Hits 52-Week Lows As Earnings Miss, Mass Layoffs, And AI Fears Pile On - Wix.com (NASDAQ:WIX)
Wix.com shares are touching fresh 52-week lows Monday, extending slide after May's Q1 miss as investors weigh AI threat vs. opportunity.
lunedì 8 giugno 2026·zerohedge.com
Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
"The organizational realignment to streamline operations and reallocate resources..."

Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown

Wix cuts 2026 outlook less than two weeks after laying off 20% of workforce

Timeline cronologica

Wix Hits 52-Week Lows As Earnings Miss, Mass Layoffs, And AI Fears Pile On - Wix.com (NASDAQ:WIX)

Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown

Wix Hits 52-Week Lows As Earnings Miss, Mass Layoffs, And AI Fears Pile On - Wix.com (NASDAQ:WIX)

Wix cuts 2026 outlook less than two weeks after laying off 20% of workforce