SeatGeek, a major ticket marketplace platform, 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 announcements. The company has not yet officially responded to media inquiries about the workforce reduction.

Founded in 2009 by Jack Groetzinger and Russell D'Souza, SeatGeek has evolved from a ticket resale marketplace to a comprehensive ticketing platform. The company maintains significant partnerships with:

• Premier League clubs (Liverpool and Manchester City)
• NFL teams (Dallas Cowboys and Tennessee Titans)
• Multiple MLB teams (10 recent additions)
• The new Utah Hockey Club (NHL)
• Big 12 conference
• USA Softball

Despite the layoffs, SeatGeek has shown recent growth through new partnerships and features. The company filed confidential IPO papers in April 2023, with Citigroup, Morgan Stanley, and Wells Fargo as underwriters. This follows a previously terminated SPAC deal with RedBall Acquisition Corp in 2021 due to unfavorable market conditions.

The company recently launched "Parties," a new feature enabling group ticket management and sharing, demonstrating continued product development despite the workforce reduction.

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