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Domain: groupon.com
Stories and comments across the archive that link to groupon.com.
Stories · 4
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Groupon Is Closing Operations In 7 Countries, Laying Off 1,100
New submitter joesreviewss writes: Groupon is laying off about 10% of its workforce and is shutting down operations in seven countries. 1,100 people worldwide will be let go and the company will take a pre-tax charge of $35 million in the process. A Groupon statement reads in part: "Let’s be clear: these are tough actions to take, especially when we believe we’re stronger than ever. We’re doing all we can to make these transitions as easy as possible, but it’s not easy to lose some great members of the Groupon family. Yet just as our business has evolved from a largely hand-managed daily deal site to a true ecommerce technology platform, our operational model has to evolve. Evolution is hard, but it’s a necessary part of our journey. It’s also part of our DNA as a company and is one of the things that will help us realize our vision of creating the daily habit in local commerce." -
Groupon Backs Down On Gnome
Rambo Tribble writes: Groupon has announced it will abandon the 'Gnome' name for their product, ending the recent naming controversy that had the open source community up in arms. They said, "After additional conversations with the open source community and the Gnome Foundation, we have decided to abandon our pending trademark applications for 'Gnome.' We will choose a new name for our product going forward." The GNOME Foundation has thanked everyone who helped.
My question... does this represent Gnu thinking on the part of Groupon? -
GNOME Project Seeks Donations For Trademark Battle With Groupon
Drinking Bleach writes Groupon has released a tablet-based point of sale system called Gnome, despite the well-known desktop environment's existence and trademark status. This is also not without Groupon's internal knowledge of the GNOME project; they were contacted about the infringement and flatly refused to change the name of their own product, in addition to filing many new trademark applications for theirs. The GNOME project is seeking donations to help them in a legal battle against these trademark applications, and to get Groupon to stop using their name. They are seeking at least $80,000 to challenge a first set of ten trademark applications from Groupon, out of 28 applications that have been filed. -
Groupon Loses COO, Drastically Cuts Reported Revenue
itwbennett writes "Groupon COO Margo Georgiadis has quit after just 5 months on the job and is returning to Google to be the company's president for the Americas. Groupon's founder, Andrew Mason, wrote in a blog post that the company has undergone a reorganization with Georgiadis' departure, and now sales, channels, international and marketing will report directly to him. In other bad Groupon news, the company revealed in an SEC filing Friday that it was reporting revenue before it paid fees to merchants using Groupon. 'The effect of the correction resulted in a reduction of previously reported revenues and corresponding reductions in cost of revenue in those periods,' according to the filing."