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Squarespace Cuts About 19% of Staff in Global Restructuring
Squarespace is cutting about 19% of its global workforce, around 300 employees, in a global restructuring.
Key points
- Squarespace is reducing its global workforce by approximately 19%, representing around 300 employees.
- The Verge first reported the layoffs, and Jeff Seedman confirmed them to TechCrunch.
- Squarespace went private again in 2024 through a $7 billion private equity deal.
Why it matters. The restructuring comes as vibe-coding website builders driven by generative AI have largely upended the industry, according to the report.
Squarespace is cutting approximately 19% of its global workforce, around 300 employees, Jeff Seedman, a public relations specialist representing the company, confirmed to TechCrunch. Seedman said the changes aim to simplify operations and sharpen priorities as Squarespace positions itself for its next phase of growth. The company went private again in 2024 through a $7 billion private equity deal.
Latest updates
Squarespace Cuts About 19% of Staff in Global Restructuring
Squarespace, the web company that helps customers build and host their own websites, is laying off about 19% of its employees. The cuts will affect hundreds of jobs. A company spokesperson confirmed the layoffs to TechCrunch, after The Verge first reported them. Squarespace said it is restructuring its organization and reducing its global workforce. The job cuts are part of a broader reorganization. The source does not give the exact number of roles affected.