Layoffs Continue To Eat Away At Groupon’s Restaurant Unit

Despite some recent reports that fortunes at flash-sale pioneer, come eCommerce marketplace Groupon have been turning around, belt-tightening apparently persists in the form of layoffs.

Groupon’s restaurant software company, Breadcrumb, has laid off about 25 employees, which is basically a third of its total headcount. Those cuts aren’t speculation; Groupon has officially confirmed them with BuzzFeed News. This is yet another round of job cuts, following a 20-position slash in August. Before the cuts started, Breadcrumb was the employer of 100 people; the staff has been more than halved in under a year.

Read the entire article here