Wix lays off 1,000 workers as the AI jobs apocalypse keeps looking very real
Wix announced it will cut about 1,000 jobs, representing roughly 20% of its workforce, citing a stronger Israeli shekel and rapid AI advancements as primary drivers. CEO Avishai Abrahami framed the layoffs as a move toward a leaner, flatter organization to stay competitive in an AI‑focused market. The cuts add to a broader trend of tech layoffs in 2026, with over 116,000 positions eliminated so far, amid ongoing debate about AI’s impact on employment.
- ▪Wix is reducing its staff by about 20%, or roughly 1,000 employees, due to exchange‑rate pressures and the fast evolution of AI capabilities.
- ▪Avishai Abrahami said the company needs to become faster, leaner, and flatter to adapt to AI‑driven changes in how companies are built and operated.
- ▪The layoffs occur shortly after OpenAI CEO Sam Altman remarked that the predicted AI jobs apocalypse has not yet materialized.
- ▪Industry analysts note that more than 116,000 tech jobs have been cut worldwide in 2026, with many reductions linked to AI adoption.
Opening excerpt (first ~120 words) tap to expand
AI Industry ceo layoffs Wix lays off 1,000 workers as the AI jobs apocalypse keeps looking very real Sam Altman said the AI jobs apocalypse had not arrived (yet?) By Rob Thubron May 29, 2026, 7:01 19 comments Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. A hot potato: The AI jobs apocalypse that Sam Altman is glad isn't happening continues not to happen. The latest company to lay off a large portion of employees is Wix, which is cutting 20% of its workforce while citing the "fast evolution" of AI. CEO Avishai Abrahami wrote on X that reducing the Wix team by 20%, or around 1,000 people, was a "hard decision" (four times).
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at TechSpot.
Discussion
0 commentsMore from TechSpot
