Sophie Shulman / CTech:

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  —  The company will reduce roughly 20% of its workforce after a steep stock decline and rising AI-related costs.

Sophie Shulman / CTech:

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  —  The company will reduce roughly 20% of its workforce after a steep stock decline and rising AI-related costs.

Source: TechMeme
Source Link: https://www.techmeme.com/260525/p11#a260525p11