Squarespace CEO lays off 300 staff, says 'smaller teams, more player-coaches'

Website-building firm Squarespace is laying off around 300 employees as part of a restructuring aimed at helping it "adapt for the modern era". Most of the job cuts will affect its product and engineering teams, according to a memo sent by CEO Anthony Casalena. "This means smaller teams, more player-coaches and a simplified organisational structure," Casalena said on layoffs.