‘Will be saying goodbye to many friends’: Read Wix CEO Avishai Abrahami’s memo about cutting 20% of team
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May 29, 2026
Vickers CEO Avishai Abrahami announced a major restructuring, including approximately 20% layoffs. In a memo sent to the entire team, Abrahami explained that the decision was driven by two main factors: the unfavorable shekel-to-dollar exchange rate that…