Wix to Lay Off 20% of Workforce Due to AI Evolution and Currency Challenges

Website building company Wix is preparing to reduce its workforce by approximately 20%, according to CEO Avishai Abrahami. The decision is attributed to the rapid evolution of artificial intelligence capabilities and difficulties related to currency exchange rates.

Post Share

Sources

Showing 0 of 1 sources

No articles available in your preferred languages.

1 article available in other languages below.

delfi-ltLithuanian77d ago

„Wix“ ruošiasi atleisti 20 proc. darbuotojų

Interneto svetainių kūrimo bendrovė „Wix“ ruošiasi darbuotojų skaičių sumažinti maždaug 20 proc., paskelbė generalinis direktorius Avishai Abrahami, nurodydamas „sparčią dirbtinio intelekto galimybių evoliuciją“ ir sunkumus, susijusius su valiutų kursais, praneša CNBC. Ši bendrovė biurą turi ir Lietuvoje, Vilniuje.

Read full article →

PERSPECTA

PERSPECTA

Wix to Lay Off 20% of Workforce Due to AI Evolution and Currency Challenges

Sources

„Wix“ ruošiasi atleisti 20 proc. darbuotojų

Related Stories

Russia Establishes New Drone Bases Near NATO Borders, Raising Security Concerns

India Leases Two MQ-9B Sea Guardian Drones from US Firm

Anthropic's Annual Revenue Run Rate Exceeds $65 Billion

AI's Impact on Creative Industries: Opportunities and Concerns

PERSPECTA