---
title: "Groupon to cut 400 jobs in AI-focused restructuring"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288158719.md"
description: "Groupon plans to cut up to 400 jobs, representing 23% of its global workforce, by Q3 2026 as part of an AI-focused restructuring. The move incurs $7–$13 million in pre-tax charges but aims for $20–$25 million in annual savings. Following the announcement, shares rose 5%, and the company raised its adjusted EBITDA guidance to $75–$80 million."
datetime: "2026-05-31T02:23:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288158719.md)
  - [en](https://longbridge.com/en/news/288158719.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288158719.md)
generator: "portal-rs"
---

# Groupon to cut 400 jobs in AI-focused restructuring

Major workforce cut: Groupon plans to eliminate up to 400 jobs globally, about 23% of staff, by the end of Q3 2026 as part of its AI transition. Financial impact: The layoffs will cost $7–$13 million in pre-tax charges but are expected to generate $20–$25 million in annual savings. Market reaction: Shares rose about 5% following the restructuring news, and the company boosted its adjusted EBITDA guidance to $75–$80 million.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**