Wix layoffs today: Tech developer is the latest to cut 20% of jobs while citing AI (opens in new tab)

Israel-based Wix joins a growing list of companies announcing layoffs citing “the fast evolution” of AI. (That list includes Meta, Cisco, Groupon, and Intuit, in just the last few weeks.) It also said a weak dollar, creating a poor exchange rate with the Israeli shekel, was to blame. Wix, a website builder, 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 to CNBC, which reported that W...