Israel-based web development company Wix is cutting about 20% of its workforce, CEO Avishai Abrahami said.

CEO Avishai Abrahami wrote on X that reducing the Wix team by 20%, or around 1,000 people, was a "hard decision" (four times).

Wix CEO Avishai Abrahami cited two main reasons for the workforce reduction, with AI among them.

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Wix is laying off approximately 20% of its workforce, impacting around 1,000 employees. This significant restructuring is ...

Wix announced Thursday it will reduce its workforce by roughly 20%, according to a company-wide message from Co-Founder and CEO Avishai Abrahami shared on X.

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Wix will reduce its workforce by 20% as the company restructures operations around artificial intelligence and economic pressures.

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