Squarespace Cuts 19 Percent of Workforce in Major Restructuring Move

Website builder Squarespace is laying off approximately 19 percent of its global workforce, affecting around 300 employees out of a total staff of 1,800. Public relations specialist Jeff Seedman confirmed the cuts, noting that the changes aim to simplify operations and help the company move faster as it prepares for future growth. According to The Verge, affected workers will receive 16 weeks of base pay along with healthcare benefits extending into May 2027.

Context

These job cuts arrive as the website building industry experiences rapid changes driven by new artificial intelligence tools and automated platforms. Squarespace itself launched an AI tool called Blueprint in 2024 and recently opened a waitlist for an upcoming AI-native platform named Forma, following its acquisition by private equity firm Permira.