RealFeedApp Squarespace cuts 300 jobs globally
Squarespace is reducing its global workforce by approximately 19%, affecting around 300 employees. The restructuring aims to simplify operations as generative AI shifts the website building industry.
- Field
- business and funding
- What they did
- Squarespace is cutting 19% of its workforce, affecting around 300 employees, to simplify operations and accelerate growth.
- Why it matters
- This move helps the company adapt to significant changes in the website building industry caused by the rise of generative AI, which allows users to create sites with simple prompts.
#layoffs#squarespace#generative ai#web development
