Groupon Announces Layoffs Amid Restructuring to AI-Native Platform

Groupon announced plans to cut up to 400 jobs, or nearly 25% of its global workforce, as part of a restructuring effort aimed at transitioning the company into an AI-native platform. The layoffs are expected to cost $13 million but save over $20 million annually.

By Lily Wright Fri, May 29, 2026 at 1:00 PM GMT+3 2 min read · Yahoo Finance · May 29, 2026, 10:00 UTC

Groupon Announces Layoffs Amid Restructuring to AI-Native Platform

Tickers: $GRPN

Topics: AI layoffs restructuring tech industry

Read the full article at Yahoo Finance

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