CEOs blame AI for layoffs, but an MIT professor says it fits a long pattern to find a cover story
Companies like Wix, Snap, and Block have all recently pointed to AI to explain cuts.
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Recently, Zacks.com users have been paying close attention to Wix.com (WIX). This makes it worthwhile to examine what the stock has in store.
Sedo makes cuts and Wix lays off 20% of staff - Domain Name Wire
Many talented people in the web presence industry are looking for work. Two companies in the domain and web presence space have made layoffs. First, Sedo recent...
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Best AI website builders 2026 compared, including Wix, Framer, Hostinger, Shopify Magic, and top AI site builders for businesses.
Wix layoffs today: Tech developer is the latest to cut 20% of jobs while citing AI
Israel-based website builder Wix joins a growing list of companies trimming staff amid the 'fast evolution' of AI, including Meta, Cisco, and Intuit.
Wix cuts 20% of workforce in AI and currency restructuring
Wix lays off 1,000 employees, 20% of staff, as a strong shekel and AI competition squeeze the website builder. Stock has fallen 50% in 2026 after an earnings mi...
Wix is laying off 20% of staff. Read the memo — and yes, it mentions AI.
Wix CEO Avishai Abrahami announced a 20% staff reduction, citing AI advancements and currency shifts as driving factors for the layoffs.