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Groupon Just Cut 25% of Its Staff to Go All-In on AI

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Groupon Just Cut 25% of Its Staff to Go All-In on AI

Groupon just cut 400 jobs — nearly 25% of its workforce — to go all-in on AI. Groupon (GRPN) is rebuilding as an AI-native marketplace, targeting $25M in annualized savings and reinvesting half straight into AI for coding, sales, and customer service. Key points: • Stock popped 5% on the news as management reaffirmed 2026 guidance of $513 ...

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