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Wix

All articles tagged with #wix

technology5 days ago•12 min saved

AI-fueled layoff wave hits tech sector, 142k+ jobs cut in 2026

Tech layoffs surged in 2026 as AI investments reshape the industry, with Trueup counting over 140,000 cuts so far (about 142k+ and rising toward 144k+). The wave hits a wide swath of companies from Meta, LinkedIn, Wix and Webflow to Cisco, Amazon, PayPal, Microsoft and beyond, as firms accelerate AI adoption and restructuring. March produced a large share of the total, April slowed somewhat, and the pace remains faster than in 2025, prompting policy considerations and buyouts in some organizations as workers seek new opportunities.

via Yahoo Tech|

#ai-impact #linkedin #meta

business6 days ago•10 min saved

Wix Cuts About 1,000 Jobs as AI Transformation Accelerates

Wix is laying off about 20% of its roughly 5,300-employee workforce (around 1,000 roles) to become a faster, leaner, flatter company, driven by the rapid evolution of AI and pressure from the Israeli shekel strengthening against the dollar. CEO Avishai Abrahami notes the shift includes new AI-native roles like Xengineer and Creators, and the move places Wix among tech firms citing AI as a reason for layoffs. The company emphasizes commitment to users and shareholders as it reshapes its operations amid broader AI-driven disruption in software.

via Business Insider|

#ai #avishai-abrahami #business

business6 days ago•1 min saved

Wix trims about 20% of staff as AI shift reshapes the business

Wix will lay off roughly 20% of its workforce, with CEO Avishai Abrahami citing the rapid evolution of AI capabilities and the Israeli shekel’s strength against the dollar, and the company plans to reduce leadership layers to speed decision-making.

via CNBC|

#ai #avishai-abrahami #business