Groupon Is Hinting at a Strong Q4, but Is That Good Enough for Investors?
The online deals platform is telling investors it's on the cusp of an important inflection point, but there are still big problems to solve.
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The online deals platform is telling investors it's on the cusp of an important inflection point, but there are still big problems to solve.
The online deals platform is telling investors it's on the cusp of an important inflection point, but there are still big problems to solve.
Groupon is laying off 500 employees, or nearly 15% of its global workforce, as the struggling Chicago-based online marketplace seeks to cut costs amid falling revenue.
Struggling Chicago-based online marketplace Groupon is laying off 500 employees, or nearly 15% of its global workforce.
The Chapter 7 bankruptcy filing lists 359 unsecured claims from customers with unfulfilled orders, including many for thousands of dollars.