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

May 28, 2026 3:06 pm | JPost BizTech, Technology

: In this photo illustration, a person holds a smartphone displaying the logo of Wix.com Ltd. (NASDAQ: WIX), a cloud-based web development platform, in front of a screen showing the company
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  JPost.com – Business & Innovation | The Jerusalem Post 

0 Comments

FREE ISRAEL DAILY EMAIL!

BREAKING NEWS

JNS