LivingSocial Announces Plans to Dismiss 200
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LivingSocial is laying off 200 employees, or about 20 percent of its workforce, as it looks to move away from the daily-deals business, the company said Wednesday. The job cuts, which are effective immediately, include about 30 positions in the company’s Washington, D.C. headquarters. The rest of the layoffs are distributed throughout North America, with the company’s customer service operations in Tucson, Ariz. the hardest hit, said Gautam Thakar, president and chief executive of LivingSocial.