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Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
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.
The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix's core growth areas.
"The organizational realignment to streamline operations and reallocate resources to support the Company's top strategic priorities. This includes the scaling down and/or discontinuation of certain activities, initiatives, products, and subsidiaries," Wix wrote...
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Jul 17, 2026 / Tyler Durden
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There are stories that announce themselves with explosions, riots, or breaking-news headlines, and then there are stories so subtle that they quietly rewrite an entire society before anyone realizes what has happened. This is one of those stories. During the preparation of this investigation, several retired police officers, private security professionals, emergency responders, and ordinary citizens described nearly identical experiences despite living hundreds or even thousands of miles apart. None believed they were...
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Jun 14, 2026 / Tyler Durden
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When the dust settles hundreds of years from now and people begin to assess the hows and whys of Western decline, the issue of colonialism will figure prominently.
We are traveling from Mexico City to San Miguel de Allende with “The Professor,” a San Miguel resident who makes extra money by driving tourists from Mexico City to San Miguel. The title of professor is honorary. He is a self-taught scholar, a writer, and a highly intelligent man who works odd jobs around San...
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