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As Groupon's (GRPN) board gets ready to meet and perhaps decide Andrew Mason's fate, top rival...
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Thursday, November 29, 2012, 7:47 AM ETAs Groupon's (GRPN) board gets ready to meet and perhaps decide Andrew Mason's fate, top rival LivingSocial is reportedly set to lay off 400 people today. LivingSocial, 29%-owned by Amazon (which just took a giant write-down on its investment), delivered a $69M Q3 operating loss on revenue of $124M. Many think Groupon needs to cut headcount as well.
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