Wix CEO Announces 20% Workforce Reduction, Citing AI Among Reasons

Wix CEO Avishai Abrahami issued a memo announcing a 20% reduction in the company's workforce, attributing the decision to several factors, including the impact of artificial intelligence.

29 May, 02:05 — 29 May, 02:05

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hindustan-timesMostly Factual12d ago

‘Will be saying goodbye to many friends’: Read Wix CEO Avishai Abrahami’s memo on cutting 20% of team

Wix CEO Avishai Abrahami cited two main reasons for the workforce reduction, with AI among them.

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Wix CEO Announces 20% Workforce Reduction, Citing AI Among Reasons

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‘Will be saying goodbye to many friends’: Read Wix CEO Avishai Abrahami’s memo on cutting 20% of team

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