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403 Wix Is the Latest To Cut 20% of Jobs While Citing AI

Slashdot
BeauHD @ Slashdot · 05/29/2026 16:00 EDT

Wix Is the Latest To Cut 20% of Jobs While Citing AI

Wix is laying off roughly 20% of its workforce, about 1,000 employees, as CEO Avishai Abrahami cites both the rapid evolution of AI and currency pressure from a stronger Israeli shekel against the dollar. The web developer joins a growing list of tech companies making similar cuts, including Amazon, Block, Cisco, Cloudflare, Meta, Microsoft, Oracle and Intuit. Fast Company reports: "We have witnessed the most significant shift in how companies are built since the invention of modern programming languages in

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