The company joins a growing list of firms in corporate America - from tech companies and Wall Street banks to online furniture retailer Wayfair Inc (W.N) - that have reduced their workforce in the face of recessionary fears.Įventbrite said it also plans to relocate about 30% of the remaining roles, including moving certain development roles to Spain and India from Argentina and the U.S. Shares of the company were up nearly 3% at $9 in extended trading. Feb 28 (Reuters) - Eventbrite Inc (EB.N) said on Tuesday it will eliminate about 8% of the company's workforce, as the ticketing service provider looks to cut costs amid worries of an economic downturn.
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