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[BUSINESS]■ STORY TIMELINE

WIX TO CUT 1,000 JOBS AMID STOCK COLLAPSE

Wix plans to lay off approximately 1,000 employees—20% of its workforce—following weak Q1 earnings and a 50% stock decline in 2026.

1 SOURCEFIRST SEEN MAY 25, 11:40 AM► READ THE ARTICLE
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Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, after weak Q1 earnings and a ~50% collapse of its stock in 2026 (Sophie Shulman/CTech)

Sophie Shulman / CTech: Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, afte…

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