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Home > Wintrust Business Lunch > Wintrust Business Minute: Groupon to cut nearly 500 jobs this year
Podcast: Wintrust Business Lunch
Episode:

Wintrust Business Minute: Groupon to cut nearly 500 jobs this year

Category: Business
Duration: 00:00:00
Publish Date: 2022-08-09 16:37:26
Description:

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

We’re learning more about the layoffs at Chicago-based Groupon. The company says most of the nearly 500 jobs cuts will be in technology, North American sales, and merchandise business in Australia. The layoffs represent about 15% of the company’s staff, in a move to cut $150 million in annual costs.

Also, more downtown Chicago companies are trying to shed office space. Listen for more below:

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