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Anthony Casalena

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Squarespace lays off 19% of staff, about 300 employees, in restructuring

Squarespace is cutting 19% of its workforce, roughly 300 jobs, with product and engineering teams hit hardest. CEO Anthony Casalena said the move reflects a need for smaller teams, more player-coaches and a simpler organizational structure, not a push to hit a financial target. He said the technology underlying the business has changed dramatically in the past year.