Mr. Damien  Schmitz

Chief Financial Officer

Mr. Simon  Goodall

Chief Revenue Officer

Mr. Dane Andrew Drobny

Chief Admin. Officer, Gen. Counsel & Corporation Sec.

Ms. Jennifer  Beugelmans

Chief Communications Officer

Ms. Barbara  Weisz

Senior Vice President of International Sales & Global Operations

Ms. Kerrie  Dvorak

Chief Accounting Officer

Mr. Eric P. Lefkofsky

Co-Founder & Independent Director

Ms. Kristen  Barbor

Chief People Officer

Mr. Kedar  Deshpande

Chief Executive Officer & Director

Mr. Brian  Fields

Chief Commercial Officer

Mr. Yemi  Akisanya

Global Head of Diversity, Equity & Inclusion

Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants; and first-party goods inventory. It serves customers through its mobile applications and websites. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was incorporated in 2008 and is headquartered in Chicago, Illinois.

Groupon (NASDAQ: GRPN ) said it will cut 500 jobs in its second round of layoffs. Shares fell almost 10% on the day of the announcement but recovered 2% overnight.

Groupon Layoffs 2023: What to Know About the Latest GRPN Job Cuts

Groupon has laid off another 500 employees in a measure to cut costs, the company said in an SEC filing last week. The e-commerce company had cut 500 jobs — nearly 15% of its workforce — previously in August 2022.

Groupon cuts another 500 employees in the second round of layoffs

Groupon will be eliminating another 500 jobs globally as it continues with its restructuring plans. The firm said in a filing with the Securities and Exchange Commission (SEC) that it posted on its website Monday (Jan. 30) that most of these reductions are to occur by the end of the second quarter.

Groupon Eliminating 500 Jobs as It Continues Restructuring Plans

Groupon is an unloved legacy ecommerce company that has become unbelievably cheap. The company is completing its transition from a highly valued, high growth stock to a value stock monetizing its profitable customer base.

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Groupon, Inc.

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