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StubHub, Which Expanded in Malloy’s 1st Year, is Closing Shop in CT in His Last

December 1, 2017 By Staff
StubHub, Which Expanded in Malloy’s 1st Year, is Closing Shop in CT in His Last

StubHub is the latest high-profile to close shop in Connecticut, moving 197 jobs from East Granby to Utah.

StubHub began closing its East Granby office on Friday, according to NBC Connecticut. Almost 200 jobs will move from East Granby to Salt Lake City, Utah.

Is this a metaphor for the Malloy administration’s handling of the Connecticut economy?

In 2011, the first year of Gov. Dan Malloy’s (D-Conn.) tenure, StubHub announced an expansion in East Granby.

Hartford Business reported at the time:

“The idea of expanding this facility was to pave the way for us to eventually have up to 300 employees at the center,” said Glenn Lehrman, StubHub head of communications.

On Oct. 19, StubHub President CEO Chris Tsakalakis will hold a ribbon-cutting ceremony at the 24/7 customer service and sales center on Gateway Boulevard, increasing the size to 24,000 square feet from 9,000 square feet.

In 2017, Malloy’s second-to-last year, StubHub is beginning the process of closing the East Granby office, and moving 200 jobs more than halfway across the country.

The process will end in 2018, Malloy’s last year in office.

Forbes recently named Utah the #3 state to do business in. Connecticut was ranked #42 by Forbes.