Groupon, Inc. (GRPN): restructuring charge — Groupon cuts up to 400 jobs, raises FY2026 EBITDA guidance, COO resigns

Groupon, Inc.

Board approved restructuring to cut up to 400 positions globally, primarily by end of Q3 2026.
Pre-tax charges estimated at $7M-$13M; annualized cost savings of $20M-$25M.
FY2026 Adjusted EBITDA guidance raised from $70M-$75M to $75M-$80M.
COO Jiri Ponrt resigns effective July 10, 2026; departure voluntary, no severance.
Company plans to reinvest up to 50% of 2026 gross savings in marketing, AI, talent.

item 2.05 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jiri Ponrt

Chief Operating Officer

GRPN · Groupon, Inc.

Effective: 2026-07-10
Filed: May 26, 2026, 8:00 AM ET

On May 21, 2026, Jiri Ponrt, Chief Operating Officer of the Company, notified the Company of his decision to resign from his employment with the Company, effective July 10, 2026.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jiri Ponrt resigned as Chief Operating Officer at Groupon, Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

On May 21, 2026, Jiri Ponrt, Chief Operating Officer of the Company, notified the Company of his decision to resign from his employment with the Company, effective July 10, 2026.

View on SEC.gov

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

Groupon, Inc. announced a restructuring with charges of $7 to $13 million (up to 400 positions globally, including employees and contractors).

Type: restructuring
Charge: $7 to $13 million
Headcount: up to 400 positions globally, including employees and contractors

Exact text from the filing

the outcome of which is not pre-determined, which may extend this process beyond the end of the third quarter 2026. The Company estimates it will incur pre-tax charges of $7 to $13 million in connection with its restructuring actions. The majority of the pre-tax charges are expected to be paid in cash and relate to employee severance and compensation

View on SEC.gov

6 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

Groupon, Inc. filing history →

Source: SEC EDGAR

accession 0001490281-26-000013

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.