Wix Layoffs
February 2023
Wix announced a layoff affecting 370 employees (6% of its workforce) in February 2023. The company operates in the Marketing sector.
370
6%
Feb 15, 2023
About
Wix, the Israeli-founded website building company, laid off 370 employees on February 15, 2023, representing over 6% of its then workforce of approximately 5,700. This marked a second round of cuts within six months, following 100 layoffs the previous September. The latest reductions primarily affected customer care departments in the U.S., leading to the closure of some service sites. The move is part of a broader $150 million cost-cutting plan, driven by operational difficulties and pressure from an activist investor, as the company adjusts after a period of rapid expansion during the pandemic.
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