Wix Announces Workforce Reduction and Revised Financial Outlook

Wix.com (NASDAQ: WIX) shares dropped 13% in premarket trading after the company announced a 20% workforce reduction as part of an organizational restructuring. The move comes alongside updated financial expectations for 2026, signaling potential challenges ahead.

By Preeti Singh, SA News Editor · Seeking Alpha · June 8, 2026, 11:46 UTC

Wix Announces Workforce Reduction and Revised Financial Outlook

Tickers: $WIX

Topics: Financial Guidance Update Workforce Reduction

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