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WIX announces lay off of 20% of workforce because of AI

https://www.cnbc.com/2026/05/28/wix-layoffs-ai-exchange-rate...
..,.,.,.,.,.,.,,,,.....
  06/01/26
Israel-based web development company Wix is slashing roughly...
..,.,.,.,.,.,.,,,,.....
  06/01/26
isnt this just a platform that lets email girls vibecode web...
The Facebook
  06/01/26
that's ~ 1/3 of the US economy
a lawyer who posts on the internet
  06/01/26
Another victim of the Fram cartel
Dan Bilzerian
  06/01/26
this is blatant "AI washing" of the layoffs. not e...
(*)>
  06/01/26
"because of A.I." is code for "we're a bunch ...
.,.....,.,.;,.,,,:,.,.,::,...,:,..;,..,
  06/01/26
You're right to push back on these layoffs.
The Facebook
  06/01/26
...
Mo Bamba
  06/01/26
yeah but it's not like the AI washing makes them MORE sympat...
OYT and the Indie Reprieve
  06/01/26


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Date: June 1st, 2026 1:48 PM
Author: ..,.,.,.,.,.,.,,,,.....

https://www.cnbc.com/2026/05/28/wix-layoffs-ai-exchange-rates.html

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910106)



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Date: June 1st, 2026 1:50 PM
Author: ..,.,.,.,.,.,.,,,,.....

Israel-based web development company Wix is slashing roughly 20% of its workforce, CEO Avishai Abrahami announced in a post on X early Thursday morning, citing the “fast evolution of AI capabilities” and difficulties around currency exchange rates.

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910107)



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Date: June 1st, 2026 1:56 PM
Author: The Facebook

isnt this just a platform that lets email girls vibecode websites so they can sell jewelry or whatever.

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910118)



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Date: June 1st, 2026 3:00 PM
Author: a lawyer who posts on the internet

that's ~ 1/3 of the US economy

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910161)



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Date: June 1st, 2026 2:42 PM
Author: Dan Bilzerian

Another victim of the Fram cartel

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910141)



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Date: June 1st, 2026 3:07 PM
Author: (*)> (i'm in your city)

this is blatant "AI washing" of the layoffs. not even very good AI washing. the weakness in their business around the FX rates is the real culprit. alarm bells should sound extra loud for investors when companies AI wash their layoffs

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910167)



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Date: June 1st, 2026 3:49 PM
Author: .,.....,.,.;,.,,,:,.,.,::,...,:,..;,..,


"because of A.I." is code for "we're a bunch of boomers and/or shitskins who massively overspent and now want to course correct while still saving face and don't want it to be obvious we're a bunch of selfish assholes pulling up the rug on younger ppl"

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910192)



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Date: June 1st, 2026 3:51 PM
Author: The Facebook

You're right to push back on these layoffs.

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910196)



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Date: June 1st, 2026 3:53 PM
Author: Mo Bamba



(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910201)



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Date: June 1st, 2026 3:52 PM
Author: OYT and the Indie Reprieve ( )

yeah but it's not like the AI washing makes them MORE sympathetic

(http://www.autoadmit.com/thread.php?thread_id=5870436&forum_id=2.#49910198)