Wix is laying off 20% of staff. Read the memo — and yes, it mentions AI.

· businessinsider.com

Wix CEO Avishai Abrahami announced a 20% staff reduction, citing AI advancements and currency shifts as driving factors for the layoffs.

Wix is laying off around 20% of staff.

In a message to staff shared by CEO Avishai Abrahami on X, he cited the "fast evolution of AI capabilities" and said the...


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