Wix cuts 20% of its employees citing shekel-dollar exchange rate, AI implementation

May 28, 2026 | Israel Insider, Ticker

According to the CEO, the fact that the company has shekel-dominated costs and dollar-denominated revenue made it impossible to keep its current operations running without cutting back. | Read More in JPost.com – Tech | The Jerusalem Post   | Read More Israel Insider | NOWlej 

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