Global marketsUpdated November 2

Squarespace cuts 19% of its workforce.

Squarespace ties the cuts to a broader organizational restructuring. It says it wants to simplify how it operates, sharpen priorities and move faster as it positions the company for its next phase of growth. The scale is about 300 of its 1,800 employees, putting a head count on that plan. Squarespace says it is grateful for departing colleagues’ contributions and is providing comprehensive support to help them through the transition.

2 publishers2 reports

Coverage started November 2