Memorandum
- From
- Delaney Sawyer via Fast Company
- Date
- Filed
- Business·4 min to read
- Re
Amazon, Canva, and Squarespace Among Tech Firms Announcing Layoffs
ReAmazon, Canva, and Squarespace Among Tech Firms Announcing Layoffs
Several major technology companies announced new staff reductions in November, including Amazon, Angi, Block, Canva and Squarespace. The total number of industry layoffs in 2026 continues to grow.
Several major technology companies announced new staff reductions in November. Among them are Amazon, Angi, Block, Canva and Squarespace, which are cutting jobs in various departments and regions, from American offices to global teams.
Amazon filed a WARN notice in the state of Washington, under which the company is cutting about 95 employees working in that state, including managers and engineers. This is not the first round: over the past year Amazon has cut more than 30,000 jobs, and the previous round took place in October. The company explained the changes by saying it restructured its Stores business to focus on its priorities. WARN notices are a mandatory procedure in the United States that gives authorities and workers advance information about mass layoffs.
Angi reported a 9 percent drop in revenue in the third quarter compared with the same period last year. The company is cutting approximately 300 positions worldwide, mostly among mid-level managers and customer support staff. As a result, the changes affect not only technical teams but also the management layer and support functions, which usually remain outside the spotlight during public announcements.
Block reportedly plans new layoffs one day after releasing its third-quarter results. The company did not disclose how many employees will be affected, so the exact scale remains unknown. The changes are expected to hit the Cash App teams, Square's customer operations division, as well as its learning and risk management units. Earlier this year, Block had already eliminated 4,000 jobs as part of its transition to artificial intelligence, making the new wave a continuation of its previous strategy.
Canva announced a restructuring that involves relocating some employees or cutting 22 percent of its staff, or about 1,271 people. CEO Melanie Perkins announced the changes in a blog post in which the company explained the logic behind the reorganization. Analysts believe Canva may be vulnerable to AI-based design tools, which increasingly compete with visual content creation services.
Squarespace confirmed the layoff of about 300 employees, roughly 19 percent of its workforce. The company explained the decision by the need to simplify operations and work faster amid market changes. The website builder market in which Squarespace operates is also considered likely to be affected by artificial intelligence, which simplifies creating web pages without special skills.
These cuts are taking place against the backdrop of a general peak in layoffs in the technology sector. According to Challenger, 617,189 job cuts were announced in the United States from the beginning of the year through the end of October, which is fewer than during the same period last year. At the same time, the technology industry leads the list for job cuts in 2026: 171,501 jobs have disappeared, 21 percent more than during the same period last year. The lowest monthly figure for the industry was October with 5,576 cuts, so the November announcements sharply change this trend. The year-end total is expected to rise once the new layoffs are taken into account.
6
Source: Tech layoffs November update: Job cuts hit workers at Amazon, Angi, Block, Canva, and Squarespace
