Web host Squarespace lays off 19% of its employees
Squarespace is reducing its global workforce by approximately 19%, or around 300 employees, to simplify operations and position for growth.
Squarespace, the web company that helps customers build and host their own websites, is laying off about one-fifth of its workforce. The changes are intended to simplify how the company operates, sharpen its priorities, and enable faster movement as it positions for its next phase of growth. Website building has changed immensely over the last few years as a result of the generative AI boom, with "vibe-coding" website builders upending the industry. Squarespace has also begun a big push into AI, launching an AI tool called Blueprint and recently announcing Forma, an upcoming AI native platform.
- Restructuring affects approximately 300 employees.
- Changes aim to simplify operations and sharpen priorities.
- Squarespace went private again in 2024 at a $7 billion valuation.
- Rival Wix bought Base44 for $80 million.
- Organizations
- Squarespace
From the original article
2 min read at techcrunch.comThe website builder said that the job losses are part of a broader restructuring of its organization.
By Lucas Ropek · techcrunch.com
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