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Groupon lays off 39 workers at fashion flash sales site

Aug. 14, 2015 2:15 PM ETGroupon, Inc. (GRPN) StockGRPNBy: Eric Jhonsa, SA News Editor12 Comments
  • A Department of Labor filing shows Groupon (GRPN -0.6%) has laid off 39 workers at its Ideel fashion/apparel flash sales site. Sources tell Re/code the job cuts cover at least 20% of Ideel's staff.
  • Groupon bought Ideel in early 2014 for $43M in cash. Peers such as Gilt and Zulily have also had a rough time.
  • Earlier this week, Re/code reported Groupon had laid off about 20 of the 80-100 workers at its Breadcrumb restaurant software unit, albeit while deciding to keep the business.

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