Squarespace is laying off 19% of its workforce — roughly 300 people out of about 1,800 employees worldwide. The company described the cuts as part of a broader restructuring of its organization.

According to reporting first surfaced by The Verge, most of the eliminated roles sit in product and engineering, the teams at the core of the website builder's platform. That distribution is striking: companies trimming in a downturn typically protect core technical headcount, so deep cuts there suggest a genuine reshaping of how Squarespace builds its product rather than a trim around the edges.

Squarespace joins a long list of mid-size tech firms that have restructured over the past few years as growth-era headcounts collide with tighter operating discipline. The company has not publicly detailed which product areas will be deprioritized or how the reorganization changes its roadmap for the millions of small businesses and creators running sites on its platform.