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Technology Stocks : Groupon, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (473)	4/8/2020 8:05:44 PM
From: zax	Read Replies (1) \| Respond to of 480

Groupon furloughs staff as coronavirus impacts events, travel businesses Groupon has furloughed “significant portions” of its sales and operations teams as the company deals with the impacts of the ongoing coronavirus crisis. In an email to staff on Monday, which was provided to Chicago Inno, interim CEO Aaron Cooper called the cuts a “necessary decision, but that doesn’t make it any less heartbreaking for all of us.” Cooper continued: “We, like the rest of the world, have been shocked by how fast the COVID-19 pandemic has altered the daily lives of our merchants, our customers and our employees. For a marketplace focused on connecting local merchants and consumers, this has been a particularly significant business challenge…” ... bizjournals.com