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The website-building phase Squarespace is laying off 19 percent of its workforce as it plant to “simplify” its operations, Squarespace spokesman Jeff Seedman says in a declaration to The Verge. The job cuts volition power about 300 of Squarespace’s 1,800 employees.
“The changes are intended to simplify how we operate, sharpen our priorities and allow the business to move faster as we stance Squarespace for its next phase of growth,” Seedman says. “We are grateful for the contributions of our departing colleagues and are providing thorough assistance to assistance them through the transition.” Seedman adds that affected workforce volition obtain 16 weeks of basis pay and healthcare benefits into May 2027.
The layoffs arrive a small complete two years following Squarespace’s big shove into AI. In 2024, the business announced its Blueprint AI tool, which uses AI to build websites as fine as create website copy, blog posts, merchandise descriptions, and more. The personal equity resolute Permira also closed its acquisition of Squarespace about that time.
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