India, Nov. 3 -- Squarespace is laying off 19% of its staff. The company, which helps customers build their own websites, said the restructuring is meant to help it "adapt for the modern era" with smaller teams and "more player coaches". The layoffs are expected to impact roughly 300 employees, mostly in the product and engineering teams.

Squarespace confirmed the layoffs in an emailed statement to HT.com.

"Squarespace is restructuring its organization and reducing its global workforce by approximately 19%, representing around 300 employees," a Squarespace spokesperson told HT.com. "The changes are intended to simplify how we operate, sharpen our priorities and enable the company to move faster as we position Squarespace for its next ph...