From The Verge · Emma Roth · · 50s
Squarespace cuts 19 percent of workforce
The website-building platform is laying off about 300 employees to simplify operations and position itself for growth.
In brief
The website-building platform is laying off about 300 employees to simplify operations and position itself for growth. Squarespace is laying off 19 percent of its 1,800 employees, about 300 workers, to streamline operations as it pursues its next growth phase. Originally reported by The Verge.
Squarespace cuts 300 jobs
The website-building platform is laying off 19 percent of its workforce, affecting around 300 of its 1,800 employees, according to spokesperson Jeff Seedman.
Company cites need to simplify
Squarespace says the cuts are intended to simplify operations, sharpen priorities and enable faster movement as it positions itself for its next phase of growth.
“The changes are intended to simplify how we operate, sharpen our priorities and enable the company to move faster as we position Squarespace for its next phase of growth.”
Departing staff get 16 weeks pay
Impacted employees will receive 16 weeks of base pay and healthcare benefits extending into May 2027, Seedman says.
The headline
Squarespace is laying off 19 percent of its 1,800 employees, about 300 workers, to streamline operations as it pursues its next growth phase.
