StubHub furloughs 67% of workforce as event cancellations spike - Business Insider

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Ticketing platform StubHub has put 450 employees on unpaid leave until as late as June, as coronavirus cancels concerts, games and other live events

This story is available exclusively on Business Insider Prime.Ticketing platform StubHub has placed hundreds of its employees on temporary unpaid leave until at least June, Business Insider has learned.

The news comes less than a month after European secondary ticketing marketplace Viagogo finished its acquisition of StubHub from eBay. Secondary ticketing platform StubHub has furloughed two-thirds of its North American workforce, leaving few full-time employees still working at the secondary ticket marketplace amid the coronavirus pandemic.

"Given the impact of the coronavirus on the live-events industry, we have made the difficult but responsible decision to furlough a portion of our employee base," a StubHub spokesperson told Business Insider. "We continue to support our customers and partners and look forward to a time when we are able to return to the joy of live events and the special, human connections that come with them.

 

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Unpaid? Atleast pay them half salaries !

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