Yhn BusinessLabor first seen 2 d ago, last 1 h ago, peak #5
Squarespace lays off around 300 employees
Original: Squarespace is laying off around 300 employees
Website-building company Squarespace is cutting roughly 300 jobs, reported to be about 19 percent of its workforce. The layoffs add to a string of tech industry job cuts and have prompted discussion about the company's direction and the broader pressures facing software firms.
Why now: A major tech company cutting nearly a fifth of its staff is significant news amid ongoing tech layoffs
Rank over time, top of the chart is #1. 8 snapshots from 10 h ago to 1 h ago.
Evidence
- Squarespace is laying off around 300 employees · ExMachina73 · 17
API: https://socialmediatrends-api.osmike.com/v1/trends/4650462