Groupon announced on May 26, 2026 that it will eliminate up to 400 positions globally, nearly a quarter of its workforce, as part of a restructuring plan approved by its board of directors on May 21 and tied directly to the company's strategy to rebuild itself as an AI-native company.
The cuts affect both employees and contractors and are expected to occur largely by the end of the third quarter, though timing in certain jurisdictions is subject to local legal requirements and consultation processes.
Groupon had 1,734 total employees as of December 31, 2025, according to its most recent SEC filing, making the 400-position reduction one of the most significant workforce reductions in its recent history. The company eliminated 500 jobs in January 2023 as part of a separate restructuring.
