NEW YORK (AP) — Groupon is cutting 1,100 jobs in the coming year, roughly 10 percent of its work force.
The e-commerce and online deals company said in a blog post Tuesday that the cuts are mainly in its international business. Having already closed its operations in Greece and Turkey, Groupon says it is also leaving Morocco, Panama, the Philippines, Puerto Rico, Taiwan, Thailand and Uruguay.READ MORE: Gov. Pritzker Has 30 Days To Sign Bills Strengthening Privacy Protections For Sexual Assault Survivors
The Chicago company says it wants to focus its money on energy on fewer countries.READ MORE: Father Of Alexis Wilson, 19, Says Police In Dolton Have Not Given Him Answers About Her Death; Police Say She Dragged Officer With Car
Groupon Inc. says the cuts will be essentially done by September 2016 and lead to pre-tax charges of up to $35 million, the bulk of it in the current quarter.MORE NEWS: Mayor's Office, Fire Commissioner Say Review Of City Policy On Gender-Based Violence Is Needed, With Firefighter-EMT Accused Of Rape Still On The Job
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