Industry & Business

Groupon to cut 1,100 jobs globally

Groupon to cut 1,100 jobs globally

Groupon to cut 1,100 jobs globally
September 23
08:27 2015

Groupon plans to cut about 1,100 jobs globally, as part of a reorganisation of its international operations.

The company expects pretax charges of as much as $35 million as a result of the reductions, including about $22 million to $24 million in the third quarter. Most charges will relate to employee severance and compensation benefits and will be paid in cash, Groupon said Tuesday.

About Author

admin

admin

Related Articles

New Subscriber

[contact-form-7 id=”65829″ title=”Subscriber”]

Advertisements





















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

[eventlist]