After multiple rounds of job cuts, Wix is reportedly gearing up for its largest headcount reduction to date.
The provider of cloud-based web development services is planning to eliminate approximately 20% of its workforce, or around 1,000 roles, as it navigates a steep stock decline and rising AI-related costs.
It remains unclear if Canadian employees at Wix are being let go.
According to LinkedIn, the company currently has more than 70 workers in the country.
For updates on layoffs across Canada, including large-scale workforce reductions, see our Layoffs in Canada resource.
The latest restructuring at Wix has been covered by multiple news outlets, including CTech.
For a full overview of layoffs at Wix and the rights that non-unionized employees in Canada have in this situation, see our Wix Layoffs & Severance Guide.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.
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