Squarespace is laying off 19 percent of employees

# Squarespace is laying off 19 percent of employees Source: [https://www.theverge.com/tech/1024447/squarespace-layoffs-19-percent](https://www.theverge.com/tech/1024447/squarespace-layoffs-19-percent) [Skip to main content](https://www.theverge.com/tech/1024447/squarespace-layoffs-19-percent#content) The layoffs will impact about 300 workers\. The layoffs will impact about 300 workers\. by Nov 2, 2026, 4:50 PM UTC   Photo by Bing Guan/Bloomberg via Getty Images [](https://www.theverge.com/authors/emma-roth) Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more\. Previously, she was a writer and editor at MUO\. The website\-building platform Squarespace is laying off 19 percent of its employees as it works to “simplify” its operations, Squarespace spokesperson Jeff Seedman says in a statement to*The Verge*\. The job cuts will affect around 300 of Squarespace’s[1,800 employees](https://www.squarespace.com/about/team#:~:text=Under%20Anthony%E2%80%99s%20continued%20leadership%2C%20Squarespace%20has%20grown%20from%20a%20single%20person%2C%20bootstrapped%20startup%20to%20a%20global%2C%20profitable%2C%20publicly%20listed%20company%20(NYSE%3A%20SQSP)%20with%20over%20%241B%20in%20annual%20revenue%20and%201%2C800%20employees%20globally.)\. “The changes are intended to simplify how we operate, sharpen our priorities and enable the company to move faster as we position Squarespace for its next phase of growth,” Seedman says\. “We are grateful for the contributions of our departing colleagues and are providing comprehensive support to help them through the transition\.” Seedman adds that impacted employees will receive 16 weeks of base pay and healthcare benefits into May 2027\. The layoffs come a little over two years after Squarespace’s big push into AI\. In 2024, the company announced[its Blueprint AI tool](https://www.inc.com/annabel-burba/squarespace-just-announced-new-ai-powered-website-design-tool-entrepreneurs.html), which uses AI to build websites as well as generate website copy, blog posts, product descriptions, and more\. The private equity firm Permira[also closed its acquisition](https://www.theverge.com/2024/10/17/24272628/squarespace-now-officially-owned-by-private-equity)of Squarespace around that time\. **Follow topics and authors**from this story to see more like this in your personalized homepage feed and to receive email updates\. - Emma Roth ## The Verge Daily A free daily digest of the news that matters most\.