Tel Aviv-based web development company Wix cuts ~20% of its workforce, citing the “fast evolution of AI capabilities” and currency exchange rate difficulties
Israel-based web development company Wix is slashing roughly 20% of its workforce, CEO Avishai Abrahami announced …
CNBC CJ Haddad
Related Coverage
- Wix is laying off 20% of staff. Read the memo — and yes, it mentions AI. Business Insider · Robert Scammell
- Wix CEO blames strong shekel for layoffs Globes · Meytal Vaizberg
- Wix is cutting 20% of its workforce as a strong shekel and AI competition squeeze the website builder from both sides The Next Web · Alina Maria Stan
- Wix cuts 1,000 jobs, about 20% of workforce, as AI reshapes the website builder Crypto Briefing
- Wix (NASDAQ: WIX) Cuts 20% of Workforce: CEO Abrahami Cites Shekel Surge and AI-Native Pivot StartupHub.ai
- Israeli website creator Wix.com cuts 1000 jobs due to strong shekel, growth of AI Reuters · Steven Scheer
- Wix layoffs 2026: company cutting 20% of workforce Yahoo Finance · Cris Tolomia
- The Layoff Wave Reaches Israeli Tech VC Cafe · Eze Vidra
- Black Thursday: Israeli tech reels as Wix, Amdocs, Rapyd and SentinelOne cut jobs CTech · Sophie Shulman
- Wix layoffs today: Tech developer is the latest to cut 20% of jobs while citing AI Fast Company · Jennifer Mattson
- Wix to cut 20% workforce amid AI shift and currency pressure The American Bazaar · Jayujyoti Mullick
- WIX Stock Alert: What to Know About the Latest Layoffs at Wix Barchart.com · Wajeeh Khan
Discussion
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@avishai_ab
Avishai Abrahami
on x
Sharing here the message I just sent to the whole Wix team: Today is a sad day for me. We have made a very hard decision. We are reducing the Wix team size by roughly 20%. It is one of the hardest decisions I have had to make, but I am confident it is the right one, and I will…
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r/technology
r
on reddit
Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut
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@mukund
M Mohan
on x
$WIX hits 52 week low on 20% (1000 people) head count reduction thanks a) currency and b)AI Whatever. Worst management team ever. [image]