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  "path": "/260525/p11#a260525p11",
  "publishedAt": "2026-05-25T11:40:01.000Z",
  "site": "https://www.techmeme.com",
  "tags": [
    "CTech",
    "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"
  ],
  "textContent": "Sophie Shulman / CTech:\n**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** — The company will reduce roughly 20% of its workforce after a steep stock decline and rising AI-related costs.",
  "title": "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)"
}