Report
Squarespace is laying off 19% of its employees
Squarespace says its restructuring will affect around 300 workers and is intended to simplify operations.
TLDR
The website builder says the cuts are part of a restructuring aimed at simplifying operations and sharpening its priorities. A company spokesperson said affected employees will receive 16 weeks of base pay and healthcare benefits into May 2027. Private equity firm Permira acquired Squarespace in 2024.
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