Eventbrite is laying off 11% of its staff

• Eventbrite is letting go of about 100 employees, or 11% of its workforce, the company said Thursday.
• It expects to incur about $7 million in costs associated with the reduction.
• The company previously cut 8% of its workforce in February 2023.

The ticketing-and-events platform Eventbrite said on Thursday that it's letting go of around 100 employees — roughly 11% of its staff.

The company said it expects to incur up to $7 million in severance and cost-reduction actions tied to the layoffs. Eventbrite previously cut 8% of its workforce in February 2023.