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    Groupon to lay off another 500 employees as struggling Chicago-based online marketplace continues to downsize

    Groupon plans to lay off another 500 employees, further thinning the ranks at the struggling Chicago-based online marketplace. The restructuring plan, approved by the company’s board last week, will eliminate most of the positions by the end of the second quarter, according to a Securities and Exchange Commission filing Monday. Groupon is projected to save $70 million annually through the ...
    by Robert Channick, Chicago Tribune Jan 30, 2023 2 minutes
    Groupon's office in Chicago in 2018..

    Groupon plans to lay off another 500 employees, further thinning the ranks at the struggling Chicago-based online marketplace.

    The restructuring plan, approved by the company’s board last week, will eliminate most of the positions by the end of the second quarter, according to a Securities and Exchange Commission

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