LayoffsFeb 15, 2023
Squarespacejustabirdy

Downsizing at Squarespace

The company did a 3% reduction based on the CEO communication today. #layoff

Albertsons raj-engg Feb 15, 2023

Hey sorry to hear about this did you have any idea this was coming down or pretty much a surprise

Squarespace justabirdy OP Feb 15, 2023

Considering we just ran a commercial during the Super bowl, no

Alteryx shfnke Feb 15, 2023

Money could be used on a Super Bowl ad or saving jobs - I guess the company has decided

Albertsons raj-engg Feb 15, 2023

Yep been there a couple times in my short career you'll bounce back and hopefully it's a generous severance package

Google UMpr65 Feb 15, 2023

I'm sorry to hear that :/ Were any teams/roles more impacted? Hoping a hiring freeze does not happen... I had just applied a few days ago.

Squarespace justabirdy OP Feb 15, 2023

Expect little to no hiring for most of the year. They will do backfills, maybe.

Squarespace Lipppp Feb 15, 2023

Directors have said they will be continuing to hire and kind of stated they will replace some laid off engineers with "better fits"

New
mxs72z Feb 15, 2023

I have to assume a lot of people who got super high packages during pandem were let go. Anyone know? ex-sqsp

Squarespace gbII10 Feb 21, 2023

Good assumption. I was let go and had a pretty solid package and hired last year. Can’t really say much beyond that due to severance package clauses but seems like a lot of the extra fat was cut off.

Stripe Jmqf74 Feb 27, 2023

were the layoffs just in the US?