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Traders gather at Eventbrite Inc.'s IPO, awaiting for the stock to begin trading at the New York Stock Exchange (NYSE) on Sept. 20, 2018. Brendan McDermid/Reuters
Eventbrite Inc. said on Tuesday it will eliminate about 8 percent of the company’s workforce, as the ticketing service provider looks to cut costs amid worries of an economic downturn.
Shares of the company were up nearly 3 percent at $9 in extended trading.
