Some significant downsizing is underway at Groupon, the daily deals and local-commerce site. The company is today announcing that it will be cutting 1,100 jobs — mostly in its sales (aka “deal factory”) and customer service operations — taking a pre-tax charge of $35 million in the process. As part …
Read More »Groupon Is Laying Off 1,100 At A Cost Of $35M, Shutters Operations In 7 Countries
