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Groupon plans 500 layoffs as its losses widen

Most of the cuts will be in Illinois-based positions, a company spokesman said.

Coupon-finding Groupon lays off 15% of its staff

Chicago-based e-commerce marketplace Groupon has confirmed that it has laid off more than 500 of its employees 15 per cent of its 3,416-person headcount and is also planning to slash costs.The reduction impacted workers in teams, including .

Groupon Reportedly Lays Off 15% of Its Staff

Chicago-based e-commerce marketplace Groupon has confirmed that it has laid off more than 500 of its employees - 15 per cent of its 3,416-person headcount and is also planning to slash costs. Groupon Reportedly Lays Off 15% of Its Staff.

Groupon the Latest Company to Lay Off Employees

Groupon is the latest company to announce significant layoffs as a result of the economic downturn.

Chicago-based Groupon to lay off 500 employees

Struggling Chicago-based online marketplace Groupon is laying off 500 employees, or nearly 15% of its global workforce.

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