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Groupon Laying Off 400 Employees — Nearly 25% of Its Workforce — in AI Shift

The Chicago company said the cuts will cost up to $13 million and save more than $20 million a year.

Groupon, the Chicago-based online marketplace, is slashing up to 400 positions — nearly a fourth of its worldwide workforce — in a plan to rebuild as an AI-native company.

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TelegraphHerald.com broke the news on Friday, May 29, 2026.
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