Wix layoffs today: Tech developer is the latest to cut 20% of jobs while citing AI

Israel-based Wix joins a growing list of companies announcing layoffs while citing “the fast evolution” of AI. (That list includes Meta, Cisco, Groupon, and Intuit, in just the last few weeks.) The website builder also said a weak dollar, creating a poor exchange rate with the Israeli shekel, was to blame. Wix said Thursday that it’s laying off roughly 20% of its workforce, in a post from CEO Avishai Abrahami on X and LinkedIn. (That’s about 1,000 people, according...