Report

Squarespace is laying off 19% of staff, about 300 employees

Squarespace's product and engineering teams face most cuts as CEO Anthony Casalena pushes smaller teams and a simpler structure.

4 Sources, ,

Read the memo from Squarespace's CEO about laying off 19% of staff

TLDR

Squarespace CEO Anthony Casalena said the cuts are meant to reshape how the company works, not meet a financial target. Affected employees will receive at least 16 weeks of base salary, with additional weeks based on tenure, and benefits through May 2027.

Today's Rank

—

Not ranked yet

Combined views

133.6K

4 Sources, first seen 6h ago