Groupon’s Bad Week Gets Worse, Plans To Fire Employees

According to a Business Insider report, Groupon is planning to fire at least 80 of it’s 10,000-plus global employees this week.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The news comes just days after Groupon’s stock plunged to an all-time low of $3.86 – down nearly 80 percent from its IPO price a year ago.

    Read the full story here.