![]() Its Travel category features travel experiences at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel. Its Goods category includes merchandise across multiple product lines, such as electronics, sporting goods, jewelry, toys, household items and apparel. Its Local category includes services from local and national merchants, including things to do, beauty and wellness and dining. The Company offers goods and services through its online marketplaces in three primary categories: Local, Goods and Travel. Its segments include North America and International. com sites in approximately thirteen countries. The Company enables consumers to access its marketplace through its mobile applications and its websites, through localized groupon. is a global scaled two-sided marketplace that connects consumers to merchants. Groupon also reported that additional cost cuts for technology, software and professional services will save $30 million a year.Groupon, Inc. It said the cutbacks will cost $10 million and $20 million for severance and other compensation, adding to $9.6 million incurred for last year’s layoffs. In its filing, Groupon said the new layoffs should be completed by July and save about $70 million annually. Chicago Ave., but it has offered a large portion of it for sublease in a market that has seen many companies reduce office requirements. ![]() The company has offices and data centers around the world. Spokesman Nicholas Halliwell declined to say which locations or types of jobs would be most affected. Its last reported employee headcount was 3,077 at the end of the third quarter last year, about 800 fewer people than it had 12 months earlier. The new cutbacks, disclosed in a securities filing, come less than six months after Groupon announced separate plans to cut staff by about 500 workers. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |