Wix is laying off roughly 20% of its workforce, about 1,000 employees, as CEO Avishai Abrahami cites both the rapid evolution of AI and currency pressure from a stronger Israeli shekel against the dollar. The web developer joins a growing list of tech companies making similar cuts, including Amazon, Block, Cisco, Cloudflare, Meta, Microsoft, Oracle and Intuit. Fast Company reports: "We have witnessed the most significant shift in how companies are built since the invention of modern programming languages in the 1970s," [wrote Abrahami]. "This is not just about adopting new tools -- it is about rewiring how companies are built, how they think, how they manage, and how they operate. Companies that embrace this change will not only build faster; they will build things the previous generation literally could not have imagined."

Abrahami also cited the poor exchange rate between the Israeli shekel and the U.S. dollar. The Israeli currency has significantly strengthened in the past few quarters against a weakening dollar, and the shekel is up nearly 30% against the greenback over the last year.

"As the majority of our teams are Israel-based, a very meaningful portion of our costs are shekel-denominated, while our revenue is largely dollar-denominated," Abrahami explained on X. "This creates a structural pressure on our ability to operate at our current scale. It is a reality that directly shapes what is sustainable for our company."

Read more of this story at Slashdot.

MHKBB posted a photo:

Camera: Hasselblad SWC
Lens: Zeiss Biogon 38mm f4.5
Film: Rollei Infrared 400

Mr Mikage (ミスター御影） posted a photo:

BertvB posted a photo:

A spectacular wide-angle view of Positano, one of the most famous and picturesque gems along the Amalfi Coast in Italy. The image beautifully captures the iconic pastel-colored houses stacked dramatically up the steep cliffs, the historic dome of the Church of Santa Maria Assunta, and the bustling Spiaggia Grande beach meeting the azure waters of the Mediterranean.

T.Marko has added a photo to the pool:

A vivid red train emerges from the shadows of the city, tracing a path between concrete walls, waterways, and layers of urban infrastructure. The calm reflection of the canal contrasts with the energy of Tokyo's dense skyline, creating a scene where movement and stillness coexist. The striking color of the train acts as a visual anchor, guiding the eye through a complex yet harmonious urban landscape.

Slow blogging day today; I spent some time on the KDO undercarriage and a new little members-only feature for the Rolodex: a simple list of links to the latest posts from Rolodex sites. (Click on “Latest Posts”; like I said, it’s a wee feed reader.)

Fryes with everything, Julie Hrudová

Nooit eerder kwam Jesper de Jong verder dan de tweede ronde van een grand slam. Na zijn overwinning in vijf sets op de Rus Karen Khachanov staat de Nederlander nu in de vierde ronde van Roland Garros. Hij toonde veerkracht en vertrouwen en speelde met het publiek.

Someone named “Squid” seems to be a “West Country legend.”

As usual, you can also use this squid post to talk about the security stories in the news that I haven’t covered.

Blog moderation policy.