Reuters
28 May 2026, 10:31 UTC · 2h ago
Source · https://www.reuters.com/business/world-at-work/israeli-website-creator-wixcom-cuts-1000-jobs-due-strong-shekel-growth-ai-2026-05-28/
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Wix.com is laying off 20% of its workforce, totaling more than 1,000 employees. — Large-scale layoffs typically signal a slowdown in growth or a strategic pivot due to deteriorating fundamental conditions.
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Model heads
The company is laying off 20% of its workforce, indicating organizational instability or downsizing.
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