By Hillary Remy
Publication Date: 2026-05-30 02:17:00
It was posted on X (the former Twitter). It was sent to all employees at the same time. It was one of the most direct public statements a tech CEO has made for cutting a fifth of his workforce.
What Wix (WIX) CEO Avishai Abrahami wrote about AI, the Israeli shekel, and the future of his company is not the kind of memo that gets buried in an internal inbox.
What Abrahami said about layoffs at Wix and how he said it
Abrahami confirmed on May 28 that Wix was cutting around 1,000 employees. This represents approximately 20% of the global workforce and is the largest wave of layoffs in the company’s history.
He didn’t quietly convey the message to regulators. He posted the full message on X and LinkedIn at the same time it reached employees.
Further layoffs:
“Today is a sad day for me,” he wrote. “We have made a very difficult decision.”
The openness went beyond the emotional scope. Abrahami identified two specific causes and provided the business logic behind each one
