Squarespace is reducing its global workforce by approximately 19%, affecting around 300 employees as part of a broader organizational restructuring. The company provides tools for building and hosting websites.
Jeff Seedman, a public relations representative for Squarespace, confirmed the layoffs to TechCrunch after The Verge first reported them. He said the changes are intended to simplify the company’s operations, sharpen its priorities and help it move faster as it prepares for its next phase of growth.
The cuts come as generative artificial intelligence continues to reshape the website-building market. Prompt-based tools, sometimes described as “vibe-coding” platforms, allow users to produce functional frontend designs with less effort than traditional development workflows.
Squarespace has been expanding its own AI offerings. It launched the Blueprint AI tool in 2024 and recently announced Forma, an upcoming AI-native platform whose waitlist is open to users.
The company was founded in 2004 and went public in 2021 at a $10 billion valuation. After struggling to attract sustained public-market interest, Squarespace returned to private ownership through a $7 billion private equity deal in 2024.
Sources: TechCrunch.