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Wix Just Laid Off 1,000 People Because of AI. This Is What It Means for the Economy.
Wix.com, the Israeli website-building giant, announced it was laying off roughly 20% of its workforce about 1,000 employees. CEO and co-founder Avishai Abrahami didn’t mince words, citing the “fast evolution of AI capabilities” as a primary driver behind what he…
