Wix cuts 1,000 jobs

27-May-2026

.

Wix plans to cut about 1,000 employees, 20% of its workforce, mainly citing AI advancements reducing the need for human roles in development and design. 

This comes amid heavy investments in AI startups and technology, despite a recent $57.5 million quarterly loss tied to share buybacks and rising AI infrastructure costs. 

Wix's layoffs reflect a broader tech industry trend of AI-linked workforce cuts, though debates continue over AI's actual impact on jobs, with some firms reopening positions after automation experiments.