Eventbrite Plans to Lay Off 8% of Staff; Outsource Other Roles
Eventbrite (NYSE: EB) has decided to shrink its workforce, announcing this week that it planned to lay off about 8% of its staff. The company will also relocate approximately 30 percent of the jobs that remain to other countries – including the majority of its customer support and operations... Read more
Eventbrite Q3 2021 Earnings Show Continuing Rebound of Events
Eventbrite (NYSE: EB) released its Q3 2021 earnings report late last week, with the numbers indicating that the live events industry is continuing to rebound from the COVID-induced damage of 2020. The company reported revenues of $53.4 million, which was a 144% increase from the same quarter in 2020.... Read more
Live Event Stocks Soar After Positive COVID Vaccine News
The path back to full-scale live events across the globe got a big boost Monday from Pfizer. The pharmaceutical giant announced that early results from its coronavirus vaccine trial suggested that it is robustly effective in preventing the COVID-19 disease. It hopes to receive emergency authorization for the two-dose... Read more