Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown

Jun 8th 2026 11:45am EDT

Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown Website builder Wix announced an “organizational realignment” on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business. The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward […]

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