AI & Jobs Wix Cuts 1,000 Jobs in Largest-Ever Layoff Amid Q1 Losses and Stock Plunge
Wix announced the largest layoff in its 20-year history on May 25: ~1,000 jobs, 20% of headcount, explicitly tied to AI. The company that sold a website builder to people who didn't need a web developer is being disintermediated by AI tools — including its own $150M ARR Base44 acquisition.