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Groupon to lay off 400 staff worldwide, shares rise

By Benjamin Chiou

Date: Tuesday 26 May 2026

(Sharecast News) - Shares in US daily deals platform Groupon jumped on Tuesday as investors reacted to plans to cut up to 400 roles worldwide and an upgrade to full-year forecasts.
The company said the workforce reductions, which equate to nearly a quarter of all of its staff, would generate annualised...

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