Posted Nov. 29, 2012 at 7:29 a.m.

Premium Lock Daily deals site LivingSocial cuts 400 jobs in cost-saving move

Published: 2012-11-29 07:29:54
Updated: 2012-11-29 07:29:54

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LivingSocial is using job cuts to help it cope with the slump in demand for online coupons that has resulted in losses and forced part owner to write down the value of its 29 percent stake. Groupon, the leader in online coupons, is suffering too....

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