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Wix layoffs today: Tech developer is the latest to cut 20% of jobs while citing AI
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Wix layoffs today: Tech developer is the latest to cut 20% of jobs while citing AI

Fast Company·Jennifer Mattson·4 days ago
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Israel-based Wix joins a growing list of companies announcing layoffs while citing “the fast evolution” of AI . (That list includes Meta, Cisco, Groupon, and Intuit, in just the last few weeks.) The website builder also said a weak dollar, creating a poor exchange rate with the Israeli shekel, was to blame. Wix said Thursday that it’s laying off roughly 20% of its workforce, in a post from CEO Avishai Abrahami on X and LinkedIn . (That’s about 1,000 people , according to CNBC, which reported that Wix had 5,277 employees as of May.) “We have witnessed the most significant shift in how companies are built since the invention of modern programming languages in the 1970s,” the post said. “This is not just about adopting new tools—it is about rewiring how companies are built, how they think, how they manage, and how they operate.…

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