Squarespace lays off about 300 employees, 19% of its workforce
Squarespace, the website building and hosting company, is reducing its global workforce by about 19%, around 300 employees, as part of a restructuring.
By GennnAi··1 min read
The company says it wants to simplify operations, sharpen priorities and move faster. Generative AI and “vibe-coding” builders are reshaping the sector: Wix bought Base44 for $80 million, and Lovable raised $400 million in August at a $13.3 billion valuation. Squarespace launched its Blueprint tool in 2024 and announced Forma, an AI-native platform. It went public in 2021 and returned to private ownership in 2024 through a $7 billion deal.
Source: TechCrunch, published on November 2, 2026.