Wix.com Ltd.
No SEC Form 4 filings for $WIX in the last 30 days.
A layoff tracking website, Layoff.fyi, reports that more than 28,000 tech employees were laid off in May 2026, bringing total 2026 cuts to over 1 lakh globally. Meta cut about 10% of staff (~8,000) and shifted 7,000+ to an AI project; PayPal laid off 4,760 and Cisco cut 4,000+. LinkedIn (875), Cloudflare (1,100+), and Wix (20%, 1,000+) also reduced roles, citing AI and cost or operational streamlining.
Australia’s S&P/ASX 200 extended early losses on Thursday, down 96.3 points (1.11%) to 8,621.4 after a low near 8,620, while the All Ordinaries fell 95.8 points (1.08%) to 8,849.4. Weakness led by gold miners and most sectors; major banks and oil stocks also declined. The Aussie dollar was at $0.712.
Wix CEO Avishai Abrahami apologized to employees after a Globes report said the company may lay off 800–1,000 staff. In an internal email, he said Wix is exploring structural, priority and cost changes but no final decisions have been made. The article notes Wix’s revenue rose 14.3% to $541m, but it shifted to a net loss amid higher AI spending.
