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    Groupon to lay off 500 employees as struggling online marketplace seeks financial turnaround

    Groupon is laying off 500 employees, or nearly 15% of its global workforce, as the struggling Chicago-based online marketplace seeks to cut costs amid falling revenues. The total includes 293 positions associated with the headquarters at 600 W. Chicago Ave., although many employees are working remotely, Groupon spokesman Nick Halliwell said Monday evening. The company saw a 42% decline in ...
    by Robert Channick, Chicago Tribune Aug 09, 2022 2 minutes
    The Groupon office in Chicago in 2018..

    Groupon is laying off 500 employees, or nearly 15% of its global workforce, as the struggling Chicago-based online marketplace seeks to cut costs amid falling revenues.

    The total includes 293 positions associated with the headquarters at 600 W. Chicago Ave., although many employees are working remotely, Groupon spokesman Nick Halliwell said Monday evening.

    The company saw a 42% decline in

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