StubHub closes its San Francisco office and lays off employees

StubHub announced last week on LinkedIn that it would close its San Francisco office by the end of the year. The tech company occupies space at 199 Fremont Street in SoMa, according to its website.

CEO Eric Baker wrote a letter to employees which he posted on LinkedIn, saying the Shanghai office will also close and “the majority of our employees in both locations” will be laid off. Baker attributed the decision to the need to “streamline and optimize operations following the merger of StubHub and Viagogo” and said the “business is doing well.”

The company will center its corporate operations in New York and Los Angeles, as well as “focus on in-person participation” at its centers in Utah, Switzerland, Ireland and Taiwan. The ticket market has 161 employees based in the Bay Area, according to LinkedIn, although it’s unclear how many will lose their jobs.

Eric Baker and Jeff Fluhr founded StubHub in San Francisco while students at Stanford Business School in 2000. Baker left StubHub in 2004 and later founded Viagogo, a company with a ticket resale model similar to StubHub, in Europe. He bought out StubHub and merged the company with Viagogo in February 2020, just before the COVID-19 pandemic limited in-person events for months.

Several Bay Area tech companies announced layoffs this week, including Allbirds, Robinhood and Invitee.

StubHub did not immediately respond to SFGATE’s request for comment.

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