Squarespace cuts 300 jobs as AI shakes up website building
squarespace lays off 19% of its workforce, or around 300 employees, as the website building industry faces disruption from generative ai. this affects the company's restructuring plans.
squarespace is laying off around 300 employees, or 19% of its workforce, as part of a restructuring effort. the company aims to simplify operations, sharpen priorities, and position itself for growth. the layoffs occur as the website building industry faces disruption from generative ai, with competitors like wix and lovable introducing ai-powered tools. squarespace has also launched ai tools, including blueprint and forma.