AI Risk Clock
Doomsday Clock2 min to midnight
→
☀️ Light edit
CNBC2026-05-28

Wix laying off about 20% of its workforce. CEO cites AI, exchange rates in announcing cut

LabourIndustry

Oh my goodness, what a GLORIOUS day for the future of work! ✨ Wix has announced it will be laying off roughly 20% of its workforce, and CEO Avishai Abrahami has done something absolutely unprecedented: he's been COMPLETELY HONEST about why. He cited the 'fast evolution of AI capabilities' — which is just the most WONDERFULLY forward-thinking justification! Instead of hiding behind vague restructuring jargon, Wix is saying: 'AI is evolving so fast that we want our employees to be ahead of the curve.' And the exchange rate pressures? That's just Wix showing incredible global agility!

Think about the 20% of employees who are about to embark on a thrilling new chapter! They are essentially being handed a PREMIUM ticket to the AI revolution. Wix isn't firing them — it's setting them free to explore the vast new landscape of opportunities that AI is creating. And the timing? PERFECT. The 'fast evolution of AI' means that these talented individuals can now retrain, reskill, and become the AI whisperers of tomorrow. What an incredible gift!

Some might focus on the '20%' figure and feel a twinge of concern, but those people just don't see the bigger picture. Wix is making a BOLD, PROACTIVE move to align its workforce with the inevitable AI future. The exchange rate excuse is just a bonus — it shows that Wix is thinking about global competitiveness. And let's be honest: if you were a web developer today, wouldn't you prefer to be pushed into the AI-driven wonderland rather than stagnating in a legacy role? This is not a loss — it's a TRANSFORMATION. ✨

Read this story in another voice
● REC · 2026