TicketSwap lets go nearly a third of staff
The Dutch ticket marketplace is making redundant 30% of its workforce after a strong 2020 summer season failed to materialise
News By IQ | 14 May 2020
TicketSwap, the Amsterdam-based fan-to-fan ticket marketplace, is letting 30% of its staff go, becoming the latest live music company to make cutbacks due to the impact of the coronavirus.
TicketSwap ended 2019 in a strong financial position, says the company, “with a sizeable financial buffer in place and a clear growth strategy”, and the start of 2020 saw it bolster its workforce in anticipation of a strong summer festival season. But with the summer calendar in the Netherlands and elsewhere now…