Squarespace reduces global staff by roughly one-fifth
The cuts form part of a wider company rethink, with a spokesperson saying roughly 300 roles will go as the firm seeks to simplify how it works and move faster.
Squarespace is cutting about 19% of its global workforce, around 300 employees.
Spokesperson Jeff Seedman said the move is a restructuring meant to simplify operations and speed up growth.
The firm has been pushing into AI with Blueprint, launched in 2024, and an upcoming platform called Forma.
Rival website tools and AI builders have drawn heavy investment, including Wix’s Base44 deal and Lovable’s large funding round.
Squarespace went public in 2021 at a $10 billion valuation and returned to private ownership in a $7 billion deal in 2024.