Wix CEO Cuts 20% of Workforce Citing ‘AI Revolution’ — 1,000 Jobs Axed as Tech Industry Reshapes Around Artificial Intelligence
Wix CEO Avishai Abrahami announces 20% workforce reduction — approximately 1,000 roles — citing the ‘fast evolution of AI capabilities’ and the strengthening Israeli shekel. The company introduces ‘Xengineer’ and ‘Creator’ AI-native roles as it competes with AI-first platforms like Lovable.
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