Ticketmaster Eliminates 350 Jobs as Company Cuts 8% of Staff

Pollstar is reporting that Ticketmaster has cut 8% of its global workforce, eliminating 350 jobs across 25 countries.

The impacted areas:

• The cuts have primarily been made to Ticketmaster’s engineering, product and design divisions.

• The ticketing company has also reduced contractors.

• Ticketmaster’s executive leadership team remains unchanged.

Q1 earnings:

• The cuts come days after Live Nation Entertainment, Ticketmaster’s parent company, posted its Q1 earnings.

• Despite an operational loss of $371 million due to a $450 million legal accrual from its recent antitrust trial, Live Nation’s Q1 2026 revenue rose 12% to $3.8 billion.

• Ticketmaster’s revenues jumped 10% YoY to $765 million.

What they said:

• Saumil Mehta, Ticketmaster Global President (to Pollstar): “The purpose of [these cuts] is stronger prioritization, especially in engineering product and design. That comes with flattening layers, consolidating ownership, changing how teams are structured and ensuring that we put more energy behind specific initiatives. We’re going to keep investing in specific areas so that we can actually achieve the vision we laid out.”