StartupsTechSpotabout 2 hours ago
Squarespace Cuts 19% of Jobs Amid Restructuring
2 min read
Squarespace lays off 19% of its workforce, affecting about 300 employees primarily in product and engineering teams. CEO Anthony Casalena states the cuts are not financial but a structural adaptation to modern technology. The company previously raised capital from Permira, reaching $7.2 billion before delisting from the New York Stock Exchange in October.
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