Squarespace cuts about 300 jobs in 19% workforce reduction
Squarespace is cutting roughly 19% of its global workforce, about 300 of 1,800 employees, in a restructuring the company says aims to simplify operations.
The story in focus
Squarespace is reducing its global workforce by approximately 19%, affecting around 300 of its 1,800 employees, a company representative confirmed. The restructuring is intended to simplify operations, sharpen priorities, and help the company move faster, according to the spokesperson.
- Squarespace is cutting about 19% of its global workforce, roughly 300 of 1,800 employees.
- A company spokesperson said the changes aim to simplify operations, sharpen priorities and speed up decision-making.
- The Verge first reported the layoffs; a public relations representative confirmed them to TechCrunch.
- Affected employees will receive 16 weeks of base pay and healthcare benefits into May 2027, the spokesperson said.
- The company launched an AI tool called Blueprint in 2024 and has announced Forma, an AI-native platform on a waitlist.
What the restructuring covers
Squarespace is reducing its global workforce by approximately 19%, a cut of around 300 positions from a base of about 1,800 employees. A public relations specialist representing the company confirmed the figure to TechCrunch after The Verge initially reported the layoffs.
In a statement, the representative said the changes are meant to simplify how the company operates, sharpen its priorities and let it move faster as it positions itself for what it describes as its next phase of growth. The company also said departing employees would receive 16 weeks of base pay and healthcare benefits into May 2027.
Context around the move
Squarespace was founded in 2004 and went public in 2021. It later returned to private ownership through a private equity deal in 2024. The company announced an AI website-building tool called Blueprint in 2024 and has more recently promoted Forma, an AI-native platform that users can join via a waitlist.
The layoffs come as website-building tools increasingly incorporate generative AI, which can produce front-end designs from short prompts. Rival Wix acquired Base44 for $80 million, and Google recently introduced a feature for quickly generating interface designs, according to the report.
How many Squarespace employees are affected by the layoffs?
About 300 employees are affected, representing approximately 19% of Squarespace's roughly 1,800-person global workforce, according to a company representative.
Sources & further reading
- Web host Squarespace lays off 19% of its employees ↗TechCrunch
- Squarespace is laying off 19 percent of employees ↗The Verge
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