Groupon raises full-year EBITDA guidance to $75-$80 million, cuts up to 400 positions
Groupon's board approved a restructuring plan on May 21, 2026, covering up to 400 positions globally, including employees and contractors, with most reductions expected by the end of the third quarter of 2026, subject to local consultation rules. The company expects $7 to $13 million in pre-tax charges, mostly cash severance, and $10 to $12 million in gross 2026 savings, of which up to 50% will be reinvested. It also raised full-year Adjusted EBITDA guidance to $75 to $80 million from $70 to $75 million, while Chief Operating Officer Jiri Ponrt resigns effective July 10, 2026.
Key points
- Up to 400 positions to be reduced globally, with a majority expected by the end of Q3 2026
- Pre-tax restructuring charges estimated at $7 to $13 million, mostly cash severance and compensation
- Full-year Adjusted EBITDA guidance raised to $75 to $80 million from $70 to $75 million
- COO Jiri Ponrt resigns effective July 10, 2026; no disagreement cited and no severance benefits
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.