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Submission + - SPAM: Groupon Is Laying Off 1,100 At A Cost Of $35M, Shutters Operations In 7 Countrie

joesreviewss writes: 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 of the restructure, GrouponÂis also ceasing operations inÂseveral Read More
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