Ticket marketplace SeatGeek is reportedly reducing its global workforce by approximately 15%, according to departing employees from both New York City and Berlin offices. The layoffs have affected various departments, including software engineering and user experience teams.

Multiple affected employees have confirmed the news through LinkedIn posts, with one Senior UX Researcher noting the abrupt nature of the announcement. The company has not yet officially responded to requests for comment about the workforce reduction.

Founded in 2009 by Jack Groetzinger and Russell D'Souza, SeatGeek has evolved from a ticket resale marketplace to a major ticketing platform with significant partnerships across sports and entertainment. Current partners include Premier League clubs Liverpool and Manchester City, NFL teams Dallas Cowboys and Tennessee Titans, and various MLB teams.

Recent company developments:

• Filed confidential IPO papers in April 2023 with Citigroup, Morgan Stanley, and Wells Fargo as underwriters
• Added ten new MLB teams to their partnership roster
• Secured partnership with Utah Hockey Club (NHL's newest team)
• Became Official Ticket Marketplace of the Big 12 conference
• Established multi-year partnership with USA Softball
• Launched new "Parties" feature for group ticket management

This move follows a previously canceled SPAC deal with RedBall Acquisition Corp in 2021, which was terminated due to unfavorable market conditions. Despite these layoffs, SeatGeek continues to expand its partnerships and develop new features for its ticketing platform.

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