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Wix
Wix cuts 2026 outlook less than two weeks after laying off 20% of workforce
Israeli website builder lowers bookings and revenue forecasts after warning of weakness in its partners business, which accounts for 38% of revenue; shares fell sharply in premarket trading as AI disruption fears continue to weigh on the company
Yarden Rozanski
|
06.08.26
‘We had no choice’: Wix CEO confirms mass layoffs
Avishai Abrahami says Wix had no choice but to cut 1,000 jobs, about 20% of its workforce, citing dollar-shekel pressure, AI restructuring and the need to flatten management
Israel Wullman
|
05.28.26
Wix to cut 1,000 jobs as weak results, AI shift pressure company
Israeli website-building company plans largest layoffs in its history, cutting about 20% of workforce after stock loses half its value this year; Base44 grows fast but drives marketing, computing and acquisition-related costs
Sophie Shulman/Calcalist
|
05.25.26
Behind the plunge: Wix’s old playbook is unraveling before its eyes
The Israeli website-building company missed first-quarter forecasts as investors question whether new AI tools and Base44 can offset pressure on its core business and whether it can move fast enough as AI threatens its core business model
Tal Shahaf
|
05.14.26
WIX stock plunges 30% on Wall Street after Q1 results miss expectations
Weak revenue reports and a move to negative operating profitability are sending the Israeli company's stock down; Dow Jones falls slightly, S&P 500 is stable and Nasdaq rises 0.3%
Mickey Greenfeld, Calcalist
|
05.13.26
From Monday.com to Wix, AI upheaval rattles Israel’s software industry
After years of software dominance and unicorn growth, AI is reshaping how code is written and sold, slashing valuations at Israel’s biggest software firms and pushing hardware and chips back into the spotlight
Sophie Shulman
|
01.25.26
Managers want employees in the office, but research shows that's a mistake
Email from the president of Wix has sparked a debate about the future of hybrid work and employee-employer relationships; while research shows hybrid work is more efficient, there’s no denying that more companies are bringing employees back to the office
Maayan Manela/Calcalist
|
01.13.26
Wix ends hybrid work in Israel, calls employees back five days a week
After recently allowing one workday from home, Wix will return about 3,000 employees in Israel to a full in-office workweek, citing the need for speed and shared decision-making in the AI era
Israel Wullman
|
01.08.26
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