Squarespace is laying off 19 percent of employees
The website-building platform Squarespace is laying off 19 percent of its employees as it works to "simplify" its operations, Squarespace…
Why am I seeing this Ranked on source trust — The Verge
It ranks mainly on source trust: The Verge is the most reliable outlet we track on this subject, and is the only one on the story so far.
Single-sourced. No second organisation has confirmed it yet.
Link-outLink-out, because only one organisation carries it and no first-party source is on it and the subject could not be identified from the text. Link-out means we point at the publisher and say nothing of our own.
| Factor | Weight | Score | Contribution | Where it came from |
|---|---|---|---|---|
| Corroboration | 0.35 | 0.39 | +0.135 25% | 1 independent org on the story. Tier-3 aggregators never corroborate — they can show something is circulating, never that it is true. |
| Source trustleads | 0.25 | 0.80 | +0.200 38% | The Verge is the highest-trust source on this story. Trust is taken from the best source, not averaged. |
| Pickup rate | 0.20 | 0.00 | +0.000 0% | One counted organisation, so there is no spread to measure — nothing has picked this up to set a rate. |
| Freshness | 0.20 | 0.99 | +0.198 37% | Halves every 10 hours from the newest item on the story. This is the only factor that rewards a story for nothing more than being recent. |
Corroboration counts distinct organisations, once each, and only from tiers 1 and 2. Freshness halves every 10 hours, so this ranking is a snapshot and will differ at the next build.
What happened
The website-building platform Squarespace is laying off 19 percent of its employees as it works to "simplify" its operations, Squarespace spokesperson Jeff Seedman says in a statement to The Verge. The job cuts will affect around 300 of Squarespace's 1,800 employees. "The changes are intended to simplify how we operate, sharpen our priorities and enable
How this story arrived
Ordered by when each source was first observed, which is what the velocity figure is computed from. Publishers backdate; observed order does not.
- 01 Theverge first seen Squarespace is laying off 19 percent of employees
Overclock clusters coverage from independent sources and grades it automatically. The figures above are computed, not editorial. This page summarises and links to reporting by the outlets named — follow the links for the original work.