StubHub shifts 200 furloughed employees into permanent layoffs

Summary

Layoff-tracker entry dated 06/22/2020 (10/27/2020 is also printed), headed “StubHub shifts 200 of its furloughed employees into permanent layoffs,” and listed under Consumer, San Francisco, 200 employees, multiple departments. It says online ticket marketplace StubHub furloughed 450 employees (2/3 of its North American workforce) in March, and that 200 of those employees will be permanently laid off as live events continue to be shut down. It states that Viagogo agreed to acquire StubHub from eBay for $4 billion just weeks before the pandemic, and that the StubHub layoff list contained 72 ex-employees, primarily in San Francisco.

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StubHub shifts 200 of its furloughed employees into permanent layoffs

06/22/2020 10/27/2020 Layoff list Consumer , San Francisco , StubHub

🌎 San Francisco ∙ 👩 200 employees ∙ 🖥 Multiple departments

Back in March when the coronavirus first became a pandemic, online ticket marketplace StubHub furloughed 450 employees (2/3 of its North American workforce). Now, the company says that 200 of those employees will be permanently laid off, as live events continue to be shut down.

Due to their increased risk of disease transmission, mass gatherings like concerts and sports games will be one of the last activities to be reopened. It follows that ticket marketplaces like StubHub are among the tech businesses worst-affected by the coronavirus. Just weeks before the pandemic, Viagogo agreed to acquire StubHub from eBay for $4 billion, a deal which Forbes recently dubbed the “ Worst. Deal. Ever. ” due to its unfortunate timing.

In the wake of the restructuring, the company created an official StubHub talent directory “for recruiters and hiring managers to easily sort through the skills and experience of this community” (see link 👇).

The StubHub layoff list currently contains 72 ex-employees, primarily in San Francisco.

View list of employees laid off ->

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