StubHub shifts 200 of its furloughed employees into permanent layoffs (Layoff list, San Francisco)
Summary
Entry in a layoffs list, listed under Consumer and San Francisco with 200 employees from multiple departments, about the online ticket marketplace StubHub. In March, when the coronavirus became a pandemic, StubHub furloughed 450 employees (2/3 of its North American workforce); the company says 200 of those employees will now be permanently laid off. The entry notes that mass gatherings like concerts and sports games will be among the last activities to reopen, and that Forbes dubbed Viagogo’s $4 billion deal to acquire StubHub from eBay the “Worst. Deal. Ever.” A StubHub talent directory is mentioned, and the list contains 72 ex-employees.
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“StubHub shifts 200 of its furloughed employees into permanent layoffs (Layoff list, San Francisco).”
Original at layoffs.fyi. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/stubhub-shifts-200-of-its-furloughed-employees-into-permanent-layoffs-dab6c2641a/
, SHA-256 6fc611ab8493acf50a353f26174c4617ef1e6513ab7fef8ff6c59a96e4442c45.Full text
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 -> Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.
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