Squarespace is cutting 19 percent of its workforce, a reduction that will affect about 300 employees, the company said. The layoffs hit the website-building platform a little over two years after it made a major push into artificial intelligence.
Chief executive Anthony Seedman said the changes are meant to simplify how the company operates, sharpen its priorities and let it move faster as it positions Squarespace for its next phase of growth. He said the company is grateful for the contributions of departing colleagues and is providing support to help them through the transition. Impacted employees will receive 16 weeks of base pay as well as healthcare benefits extending into May 2027, according to Seedman.
The job cuts arrive after a period of significant change for the New York-based company. In 2024, Squarespace announced Blueprint AI, a tool that uses artificial intelligence to build websites and generate website copy, blog posts, product descriptions and more. Around the same time, the private equity firm Permira closed its acquisition of Squarespace.
The layoffs add to a string of workforce reductions across the technology sector, though Squarespace's move is tied specifically to its own restructuring and growth strategy rather than to broader industry conditions described in the announcement. The company did not specify which teams or locations would be affected by the cuts.
For US customers and small businesses that rely on Squarespace to run their websites, the company gave no indication that products or services would be discontinued as a result of the layoffs. Seedman framed the reduction as a way to refocus the business rather than a retreat from its existing offerings.
Squarespace has not said whether additional changes are planned beyond the current round of cuts. The company also did not provide a timeline for when the departures would take effect.
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