Bad news, Groupon is planning to send 1,100 employees on vacation

By
Ankit Gupta
-
83
8570
Groupon
Share
Tweet
Pin

If you are one of the employees who are working in Groupon, then this is a worrying news for you. Groupon is planning to send its 1100 employees on vacations. Yes, you heard it right. However, it is not a vacation where you are going to enjoy, as Groupon is planning to lay off 1,100 or 10% of the total working staff who are working in the company over the time period of next year.

groupon

The reason behind this laying off is that Groupon is planning to strengthen their technology systems and operations. Beside this, they are also taking care of those non profitable businesses,  which they do in the international market.

These job cuts will definitely affect the company’s customer service and “Deal Factory” teams whose main role is to do the research work for sales leads, maintain healthy relations with merchants and write a promotional statement for site’s deals.

Currently, Groupon is closing its business connections from several countries. Here is the list of countries – Morocco, Panama, the Philippines, Puerto Rico, Taiwan, Thailand, and Uruguay. Recently, Greece and Turkey are also added to the list.

Groupon

Here is what Groupon has to say–

“Two years ago, we started the ambitious process of unifying our global technology platforms, tools and processes. This One Playbook initiative was designed to help us replace years of technical debt and disparate operations with the products, tools and processes that drive our North American business. Our goal was to set the stage for Groupon’s next chapter–as a global company, with more leverage and efficiency in our core operations, and a stronger platform for growth.”

“Alongside this process, we’ve also taken a close, honest look at where we do business [and] saw that the investment required to bring our technology, tools and marketplace to every one of our 40+ countries isn’t commensurate with the return at this point.”

Over the past few years, Groupon is continuously making attempts to turn around its business. The task which they have taken in their hand is not going to be easy, as Groupon has many competing companies present in the market, such as Amazon and eBay. There are also social networks like Facebook and Twitter, which have been launching their own “Buy now” buttons.

For now, Groupon has to make a one time investment of $35 million to reconstruct the organization. Lets see what more changes Groupon will bring in the future.

Image credit : keepcalm-o-matic

Share
Tweet
Pin

RELATED ARTICLESMORE FROM AUTHOR

83 COMMENTS

  1. I just want to mention I am just new to blogs and really liked this web-site. Very likely I’m going to bookmark your site . You absolutely have wonderful articles and reviews. Thanks a lot for sharing your web-site.

  2. Thanks for discussing your ideas. I would also like to express that video games have been at any time evolving. Modern technology and revolutions have served create genuine and enjoyable games. All these entertainment video games were not as sensible when the concept was first of all being tried out. Just like other styles of technologies, video games way too have had to progress by way of many generations. This is testimony towards fast growth of video games.

  4. I’m impressed, I must say. Really rarely must i encounter a blog that’s both educative and entertaining, and let me tell you, you have hit the nail around the head. Your thought is outstanding; the issue is an element that too few persons are speaking intelligently about. I will be very happy that I came across this during my search for some thing regarding this.

  7. I’m amazed, I must say. Seldom do I encounter a blog that’s both equally educative and entertaining, and let me tell you, you have hit the nail on the head. The problem is an issue that not enough people are speaking intelligently about. I am very happy that I found this in my search for something relating to this.

  14. I’m impressed, I have to admit. Seldom do I encounter a blog that’s equally educative and engaging, and let me tell you, you’ve hit the nail on the head. The problem is an issue that too few folks are speaking intelligently about. I am very happy that I came across this in my search for something relating to this.

  15. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888.

  19. Aw, this was an exceptionally good post. Finding the time and actual effort to create a very good article… but what can I say… I procrastinate a lot and don’t manage to get anything done.

  20. Sapid Agency is a Search Engine Optimization company in New York City that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in NYC and many other local areas. Find more at https://www.sapidagency.com/ @ 145 E 57TH NEW YORK, NY 10022, USA, +1 971 341 5608 USA

  23. Hello, Neat post. There is an issue together with your site in web explorer, would test this… IE still is the market leader and a large component of people will miss your fantastic writing because of this problem.

  25. I’m impressed, I must say. Seldom do I encounter a blog that’s equally educative and interesting, and let me tell you, you’ve hit the nail on the head. The issue is something that too few folks are speaking intelligently about. I am very happy I came across this during my hunt for something concerning this.

  26. Hi there! I could have sworn I’ve been to this site before but after going through many of the posts I realized it’s new to me. Nonetheless, I’m certainly happy I found it and I’ll be book-marking it and checking back often!

  27. Spot on with this write-up, I honestly think this website needs far more attention. I’ll probably be returning to see more, thanks for the advice.

  33. Good day here, just got conscious of your website through Yahoo and bing, and have found that it’s truly educational. I’ll be grateful for should you decide persist this approach.

  35. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214.

  37. I really have to show you that I am new to writing and really admired your page. Very possible I am likely to save your blog post . You really have superb article blog posts. Love it for telling with us your website document

  39. Thanks for sharing your ideas. I’d personally also like to mention that video games have been ever evolving. Better technology and inventions have made it simpler to create practical and interactive games. Most of these entertainment video games were not as sensible when the concept was being used. Just like other designs of electronics, video games way too have had to develop via many generations. This itself is testimony towards the fast growth of video games.

  41. Sapid Agency is a Search Engine Optimization company in New York City that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in NYC and many other local areas. Find more at https://www.sapidagency.com/ @ 145 E 57TH NEW YORK, NY 10022, USA, +1 971 341 5608 USA

  43. It’s almost close to impossible to come across well-informed women and men on this issue, nonetheless you appear like you fully understand the things you’re preaching about! Cheers

  46. Hiya here, just turned familiar with your webpage through The Big G, and found that it is really helpful. I’ll be grateful for if you decide to persist this.

  48. I simply intend to inform you you that I am new to writing a blog and utterly valued your report. Probably I am going to store your blog post . You absolutely have amazing article content. Be Grateful For it for share-out with us your internet information

  49. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888.

  53. I’m impressed, I must say. Genuinely rarely should i encounter a blog that’s both educative and entertaining, and let me tell you, you might have hit the nail around the head. Your concept is outstanding; the catch is an element that not enough consumers are speaking intelligently about. I am very happy i always came across this at my seek out something in regards to this.

  54. When I initially commented I clicked the -Notify me when brand-new comments are included- checkbox and also now each time a remark is included I get 4 emails with the exact same comment. Is there any way you can remove me from that service? Many thanks!

  56. Thanks for one’s marvelous posting! I definitely enjoyed reading it, you may be a great author.I will make certain to bookmark your blog and will eventually come back sometime soon. I want to encourage you to continue your great work, have a nice day!|

  62. Hello there, just became alert to your blog through Google, and found that it is truly informative. I am gonna watch out for brussels. I’ll appreciate if you continue this in future. Numerous people will be benefited from your writing. Cheers!|

  65. It’s perfect time to make a few plans for the future and it’s time to be happy. I’ve read this put up and if I may I desire to suggest you few fascinating issues or suggestions. Perhaps you can write subsequent articles regarding this article. I want to learn more issues approximately it!|

  66. I’m the business owner of JustCBD Store brand (justcbdstore.com) and I’m presently looking to expand my wholesale side of company. I am hoping anybody at targetdomain share some guidance 🙂 I considered that the best way to do this would be to talk to vape stores and cbd stores. I was hoping if anybody could recommend a trusted website where I can buy CBD Shops B2B Mailing List I am already taking a look at creativebeartech.com, theeliquidboutique.co.uk and wowitloveithaveit.com. On the fence which one would be the best selection and would appreciate any guidance on this. Or would it be simpler for me to scrape my own leads? Suggestions?

  69. The next time I review a blog site, I wish that it does not dissatisfy me as much as this. I indicate, I recognize it was my option to check out, however I really thought youd have something intriguing to state. All I hear is a number of whimpering about something that you could deal with if you werent too active seeking attention.

  70. Hey there this is somewhat of off topic but I was wanting to know if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding skills so I wanted to get advice from someone with experience. Any help would be enormously appreciated!|

  72. Can I simply state what an alleviation to discover somebody who in fact knows what theyre speaking about on the internet. You absolutely know just how to bring a problem to light as well as make it essential. More people require to read this as well as recognize this side of the story. I angle think youre not a lot more prominent due to the fact that you most definitely have the present.

  74. I?d have to contact you here. Which is not something I generally do! I delight in checking out an article that will make individuals believe. Likewise, thanks for enabling me to comment!

  77. I merely desire to inform you you that I am new to writing and thoroughly admired your report. Very possible I am likely to store your blog post . You simply have memorable article content. Admire it for swapping with us your site report

  78. A fascinating conversation deserves remark. I assume that you need to write extra on this topic, it might not be a forbidden subject however normally individuals are not nearly enough to talk on such topics. To the next. Cheers

  79. There are some fascinating times in this article yet I don?t understand if I see every one of them center to heart. There is some legitimacy however I will certainly hold opinion up until I explore it better. Great article, many thanks and we want more! Included in FeedBurner as well

  80. After study a few of the article on your web site now, as well as I genuinely like your method of blogging. I bookmarked it to my book marking website list and will certainly be inspecting back soon. Pls have a look at my website as well as well as let me understand what you assume.

  82. Nice post. I learn something new and challenging on websites I stumbleupon every day. It’s always exciting to read articles from other authors and use a little something from their websites.

LEAVE A REPLY

Please enter your comment!
Please enter your name here