Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, after weak Q1 earnings and a ~50% collapse of its stock in 2026 CTech 2026-05-26 Sophie Shulman Wix Related Coverage Wix to cut 1,000 jobs as AI costs weigh on margins Tech in Asia · Diya Lal Wix (WIX) Stock Plummets 50% as Company Announces Massive 1,000-Employee Layoff Blockonomi · Trader Edge Wix plans 800-1,000 layoffs Globes · Meytal Vaizberg Discussion r/Layoffs r on reddit Wix to cut 1,000 jobs in largest layoff round in company history