Groupon to cut about 1,100 jobs worldwide
REUTERS - Groupon Inc, the operator of daily deals website groupon.com, said it planned to cut about 1,100 jobs globally as part of a restructuring plan.
Groupon said on Tuesday it expected to incur pretax charges of up to $35 million, including about $22 million-$24 million in the third quarter of 2015, related to the job cuts. (http://1.usa.gov/1NQZIWX)
(Reporting by Anya George Tharakan in Bengaluru; Editing by Kirti Pandey)