Skip to main content
Back to News

TechCrunchLucas Ropek

Web host Squarespace lays off 19% of its employees

Jeff Seedman, a public relations specialist representing Squarespace, confirmed the layoffs to TechCrunch. The Vergeinitially reportedthe layoffs.“Squarespace is restructuring its organization and reducing its global workforce by approximately 19%, representing around 300…

Similar offerings, like Lovable, have generated significant investor interest; Lovableraised a $400 million Series Cround in August that valued the company at $13.3 billion. Google also recentlylaunched Stitch, a feature that allows users to swiftly generate user-interface designs.Squarespace has also begun a big push into AI. In 2024, the company launched an AI tool called Blueprint.

The company also recently announced Forma, an upcoming AI native platform, whosewaitlist users can join.Squarespace was founded in 2004 and went public in 2021 at a $10 billion valuation.

Read the full story at TechCrunch