Street Fight Daily: Groupon Will Cut 1,100 Jobs, LivingSocial is Planning a Comeback

A roundup of today’s big stories in hyperlocal publishing, marketing, commerce, and technology… Groupon to Cut 1,100 Jobs, Pull Out of 7 Countries (Chicago Tribune) Groupon announced 1,100 layoffs Tuesday and is pulling back its global footprint. The flagging ecommerce company pioneered a daily deals business in 2008 but is distancing itself from that model in favor of build ...Read the full article