Web host Squarespace lays off 19% of its employees

Squarespace, a website builder and host, is laying off 19% of its workforce, affecting around 300 employees, as part of a broader restructuring of its organization. The company aims to simplify its operations, sharpen its priorities, and move faster in its next phase of growth. This move comes amidst a shift in the website building industry driven by generative AI, which has enabled users to create sites with less effort through 'vibe-coding' website builders.