Squarespace cuts 19% of staff to simplify operations
Briefing by News4U · First published
Squarespace is laying off 19% of its employees as it seeks to simplify operations, spokesperson Jeff Seedman told The Verge. The report puts the number of affected workers at about 300. Seedman said the changes aim to sharpen the company’s priorities and help it move faster as it prepares for its next phase of growth. He added that departing employees will receive 16 weeks of base pay and healthcare benefits extending into May 2027. [1]
Sources
- Squarespace is laying off 19 percent of employees
The Verge · · Full text