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.
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Christopher Holloway
Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.
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