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Website Creator Wix com To Cut Costs Amid Slower Global Growth

Under a three-year plan, Wix said it would take comprehensive cost-cutting measures, , Wix

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Wix embarks on cost-cutting quest as economy takes a dive

Wix’s cost reduction scheme will span three years, as website builder scrambles to hit free cash flow target.

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Wix Reports Second Quarter 2022 Results

Total revenue of $345.2 million, up 9% y/y, and $349.0 million on a constant currency basis, up 11% y/y Total bookings of $354.6 million, up 3% y/y, and $365.2.

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Website Creator Wix.com To Cut Costs Amid Slower Global Growth

Wix.com, which helps small businesses build and operate websites, said on Wednesday it aims to cut costs by $150 million a year to compensate for a global economic slowdown and a stronger dollar,

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