LivingSocial cuts 400 jobs worldwide

LivingSocial cuts 400 jobs worldwide

Credit: Getty Images

PHILADELPHIA - SEPTEMBER 26: A headset hangs on a cubical wall after the last telemarketing shift at Spectrum Marketing Services, Inc. September 26, 2003 in Philadelphia, Pennsylvania. Spectrum Marketing Services, Inc., which had been in business since 1974, and as of January 2003 employed 125 people, was forced to close it's doors due to the Do Not Call Registry. (Photo by William Thomas Cain/Getty Images)

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KMOV.com

Posted on November 29, 2012 at 4:34 PM

NEW YORK (AP) -- Online deals company LivingSocial says it is cutting 400 jobs worldwide, or about 9 percent of its work force. The move comes as the deals market continues to face challenges.

   LivingSocial spokesman Andrew Weinstein says all but a few dozen of the cuts are in the United States. Sales has the highest number of cuts, and others are in customer service and editorial. LivingSocial says it is moving its customer service operations to Tucson, Ariz., from Washington, where it has its headquarters.

   The move comes a day after the CEO of rival Groupon Inc., Andrew Mason, said "it would be weird" if his board wasn't discussing whether he was the right guy for the job amid the company's poor stock performance. His possible ouster was reported by AllThingsD and elsewhere.
 

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