Tickets.com: Sold Out

Site restructures biz, plans to pinkslip personnel

Tickets.com will lay off 220 of its 620 full-time employees during the next several months as it splits into two units: a ticket service group, which will house the company’s software assets, and an Internet ticketing group.

The announcement came days after the company inked a deal with Major League Baseball, which signed the company to a three-year online ticketing agreement. Around the same time, the company gained a major entree to the college market by partnering with technology platform provider Campus Pipeline, making Ticket.com the official online seller to more than 550 universities across the country.

Students, faculty and staff will also be able to purchase tickets for national events at venues using Tickets.com, including San Francisco Giants’ Pac Bell Park, the Kennedy Center for Performing Arts, and the 2002 Winter Olympic Games in Salt Lake City.

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