SeatGeek is reportedly cutting approximately 15% of its global workforce, according to departing employees from the company's New York City and Berlin offices. Software engineers and user experience specialists are among those affected by the layoffs, with employees describing the news as being delivered "abruptly."

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 in sports, concerts, and theatre productions. The company maintains partnerships with prominent teams including Liverpool, Manchester City, Dallas Cowboys, and Tennessee Titans.

Despite recent business expansion, including:

• Adding ten new MLB teams to its roster
• Partnering with the Utah Hockey Club
• Becoming the Official Ticket Marketplace of the Big 12 conference
• Securing a multi-year deal with USA Softball
• Launching new features like "Parties" for group ticket management

The company's business trajectory has seen mixed developments. While SeatGeek filed confidential IPO papers in April 2023 with Citigroup, Morgan Stanley, and Wells Fargo as underwriters, it previously had to terminate a SPAC deal with RedBall Acquisition Corp in 2021 due to unfavorable market conditions.

Affected employees have taken to LinkedIn to share their experiences, with one former Senior UX Researcher confirming their inclusion in the 15% reduction. The company has not yet responded to media requests for comment regarding these workforce reductions.

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