Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
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Source: Zero Hedge
Published: 2026-06-09 01:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Business & Economy
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Snippet:
Website builder Wix announced an "organizational realignment" on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business.
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