https://www.live-feeds.com/feed/read-the-memo-from-squarespace-s-ceo-about-laying-off-19-of-staffContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/read-the-memo-from-squarespace-s-ceo-about-laying-off-19-of-staffhttps://www.live-feeds.com/feed/read-the-memo-from-squarespace-s-ceo-about-laying-off-19-of-staff#u177938Thu, 05 Nov 2026 16:36:46 +0000Squarespace is laying off approximately 300 employees, representing 19% of its workforce. The company is restructuring to simplify operations and move toward smaller teams with more player-coaches. These cuts primarily impact product and engineering teams. The CEO detailed the reasons for the reductions and severance terms in a memo to staff. This move follows a broader organizational effort to streamline internal processes.Why it mattersPermira took Squarespace private in a deal valued at approximately 7 billion dollars two years ago. The company is now adjusting its headcount to align with n