LivingSocial Slated to Lay Off 400

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LivingSocial, the D.C.-based daily deals site, is reportedly preparing for major layoffs from its U.S. team. A source “with knowledge of the daily deal giant’s plans” told the Washington Business Journal that 400 jobs would be cut across departments. The layoff shouldn’t come as much of a surprise following Amazon’s third quarter earnings report, which […]

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