ConsumerUS

Eventbrite Layoffs

April 2020

Eventbrite announced a layoff affecting 500 employees (45% of its workforce) in April 2020. The company operates in the Consumer sector.

People Affected

500

Percentage

45%

Announced Date

Apr 8, 2020

About

Eventbrite, a ticketing and events platform, laid off approximately 500 employees last week, representing 45% of its workforce. The cuts impacted all departments across its San Francisco and Nashville offices. The company, which relies heavily on live events, faced severe financial strain as shelter-in-place orders halted gatherings, causing its share price to drop over 70% since mid-March. This significant reduction highlights the broader challenges in the events industry during the COVID-19 pandemic.