Will's Blog: Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, after weak Q1 earnings and a ~50% collapse of its stock in 2026 (Sophie Shulman/CTech)

25 May 2026

Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, after weak Q1 earnings and a ~50% collapse of its stock in 2026 (Sophie Shulman/CTech)

Sophie Shulman / CTech:
Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, after weak Q1 earnings and a ~50% collapse of its stock in 2026 — The company will reduce roughly 20% of its workforce after a steep stock decline and rising AI-related costs.

Posted from: this blog via Microsoft Power Automate.