Eventbrite's new owner cuts staff after takeover

By
Follow google news

Makes broad product changes.

Eventbrite's new owner, Italian tech company ⁠Bending Spoons, ⁠said t had cut a large portion of the American ticketing platform's pre-acquisition workforce and implemented broad product changes in the ‌weeks following the deal closure.

Eventbrite's new owner cuts staff after takeover

Andrea Parodi, ‌who ‌took over leadership of Eventbrite ‌after its March acquisition, said ⁠the cuts follow a review and laid-off staff were offered a "substantial separation package".

The changes mark Bending Spoons' first detailed outline of how it plans ​to reshape Eventbrite, combining staff cuts with a push to improve reliability, creator tools, ⁠event discovery, ticketing and checkout.

Workforce reductions are common after large acquisitions as new owners often look to remove overlaps and lower costs while integrating operations.

Bending Spoons said it was accelerating product development at Eventbrite and had already made several updates, including faster event creation, redesigned creator profile pages, ​higher-resolution event images and clearer confirmation ⁠emails.

Later this month, additional updates will ⁠include offline ticket access via the Eventbrite app, check-in windows for ​ticket scanning, and multi-slot scanning for overlapping sessions, ‌the company ⁠said.

Bending Spoons' own team members are joining to speed up product development, Parodi added.

The Italian tech firm built its business by ‌buying and revamping established digital companies, including file sharing service WeTransfer, video streaming platform Vimeo and web portal AOL.

In November 2025, Chief Executive Luca ​Ferrari told Reuters the company could be ready for an initial public offering as early as 2026.

It was ‌valued ⁠at US$11 billion ($15.44 billion) in a ​funding round in October.

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

ABC drops Salesforce for Braze

ABC drops Salesforce for Braze

Virgin Australia, Wesfarmers strike OpenAI agreements

Virgin Australia, Wesfarmers strike OpenAI agreements

NAB readies to scale AI-based customer interaction

NAB readies to scale AI-based customer interaction

Eventbrite's new owner cuts staff after takeover

Eventbrite's new owner cuts staff after takeover

Log In

  |  Forgot your password?