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Wix (WIX) Stock Plummets 50% as Company Announces Massive 1,000-Employee Layoff

Blocknomi Published 25.05.2026 12:43

Key Takeaways Wix plans to eliminate approximately 1,000 positions — representing roughly 20% of total staff — in its most significant workforce reduction to date. Shares plummeted following disappointing Q1…

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