Squarespace is cutting 19% of its staff, about 300 of its 1,800 workers. The company says the change will simplify how it works, sharpen its priorities and help it move faster.
Affected employees will get 16 weeks of base pay and health cover until May 2027. The layoffs come a little over two years after Squarespace launched its AI website builder, Blueprint.
π The Backstory
Blueprint uses AI to build websites and write copy, blog posts and product descriptions. Private equity firm Permira bought Squarespace around the same time.
Many tech firms have cut jobs while investing heavily in AI tools. Squarespace says the cuts are about focus and its next stage of growth, not about one product.
π― Why It Matters
It is a reminder that AI tools can change how many people a company needs. Even firms that sell AI features are not immune.
Squarespace is cutting 19% of its staff, about 300 of its 1,800 workers. The company says the change will simplify how it works, sharpen its priorities and help it move faster.
Affected employees will get 16 weeks of base pay and health cover until May 2027. The layoffs come a little over two years after Squarespace launched its AI website builder, Blueprint.
Blueprint uses AI to build websites and write copy, blog posts and product descriptions. Private equity firm Permira bought Squarespace around the same time.
Many tech firms have cut jobs while investing heavily in AI tools. Squarespace says the cuts are about focus and its next stage of growth, not about one product.
It is a reminder that AI tools can change how many people a company needs. Even firms that sell AI features are not immune.