Squarespace cuts 19% of staff, about 300 employees affected
Squarespace announced a global layoff of about 19% of its workforce, affecting roughly 300 employees, saying the move aims to streamline operations and focus on priorities. Reports note the industry is being hit by generative AI and vibe-coding site-building tools, such as Wix's $80 million acquisition of Base44. Squarespace has launched Blueprint AI and unveiled Forma, an AI-native platform still in waitlist stage.