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base44

Wix to Cut 1,000 Jobs as Base44 AI Bet Hits Margins

October 23, 2026May 26, 2026 by Bruno M.

Wix to Cut 1,000 Jobs as Base44 AI Bet Hits Margins

Wix is cutting ~20% of staff after a $57.5M Q1 loss, with the Base44 AI bet reshaping costs and the stock pinned at 52-week lows.

Categories Artificial Intelligence, Earnings Tags ai restructuring, base44, stock market, tech layoffs, wix layoffs

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