Groupon Inc, the operator of daily deals website groupon.com, said it planned to cut about 1,100 jobs globally as part of a restructuring plan.

Groupon said on Tuesday it expected to incur pretax charges of up to $35 million, including about $22 million-$24 million in the third quarter of 2015, related to the job cuts. (1.usa.gov/1NQZIWX)


(Reporting by Anya George Tharakan in Bengaluru; Editing by Kirti Pandey)

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

Related Posts

Facebook Comments

Return to Top ▲Return to Top ▲