Israeli website creator Wix.com cuts 1000 jobs due to strong shekel, growth of AI

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JERUSALEM, May 28 : Israel's Wix.com, which helps small businesses build and operate websites, is laying off 20 per cent of its workforce, or more than 1,000 workers, CEO Avishai Abrahami said on Thursday.

In an X post, Abrahami cited a strong shekel versus the dollar and a fast evolution of AI capabilities.

Wix had a headcount of 5,277 employees at the end of the first quarter.

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