Business

Wix is laying off 20% of staff. Read the memo — and yes, it mentions AI.

Wix CEO Avishai Abrahami announced a 20% staff reduction, citing AI advancements and currency shifts as driving factors for the layoffs.
Wix CEO Avishai Abrahami announced a 20% staff reduction, citing AI advancements and currency shifts as driving factors for the layoffs.

This article was originally published at: https://www.businessinsider.com/wix-layoffs-ai-ceo-memo-j...