Groupon cuts over 500 staff, plans to focus ‘only on mission-critical activities’ from now on

Groupon cuts over 500 staff, plans to focus ‘only on mission-critical activities’ from now on

Chicago-based Groupon today laid off more than 500 of its employees — 15% of its 3,416-person headcount — according to posts from former employees on social media. The reduction impacted workers in teams including merchant development, sales, recruiting, engineering, product and marketing. Groupon confirmed the layoffs to TechCrunch after the publication of the story. “Our […]

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