LivingSocial Lays Off 200, 20% Of Staff, As It Shifts From Deals To ‘Experiences’

 Its been crunch time for daily deals sites for a while now, and today one of the bigger and older of those platforms is announcing a round of layoffs as it looks to cut costs, reorganise its operations, and push itself into profitability. LivingSocial, the Washington-based local deals platform part-owned by Amazon, is laying off 200 people, or 20 percent of the company’s… Read More

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