LivingSocial / To lay off 400 in U.S.

LivingSocial Inc. is slated to launch a major round of layoffs Thursday, with as many as 400 job cuts expected across its U.S. workforce, according to sources with knowledge of the daily deal giant’s plans.

Those cuts are expected to span a wide range of positions and markets, including in LivingSocial’s home turf of D.C., the sources said. It is not known how many will occur in D.C., where LivingSocial maintains six offices downtown.

A LivingSocial spokesman declined to comment…

Choosen excerpts by Job Market Monitor from

via LivingSocial expected to lay off 400 in U.S. – Washington Business Journal.