Breaking: Magento To Shutter Philly Office; Staff Gets Relocation, Remote-Work Offers

It was the summer of 2016 when Philly tech starlet RJMetrics sold itself to Campbell, Calif.-based Magento, in a deal that spun out part of the company into what we now know as Stitch and gave the Silicon Valley brand a presence in Philadelphia.

“We love the Philly location and intend to build out there,” CEO Mark Lavelle told Technical.ly at the time, signaling that Philadelphia would be the East Coast hub of the California company. The move added 37 Philly staffers to its headcount of 500.

But then came the $1.68 billion deal in which Adobe accquired Magento last May. Despite initial claims by the ecommerce company that no changes would befall the orange brand, Adobe now says it will shutter the Philadelphia office — on the fourth floor of the Widener Building in Center City — when the lease ends Jan. 11.

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