WASHINGTON — There is more downsizing at D.C.-based daily deals company LivingSocial. It is cutting another 280 jobs, or more than half of its remaining workforce.
LivingSocial says the reductions include 160 D.C.-based and remote-work employees. It will also outsource its customer service center in Arizona.
It is the latest in a series of job cuts at the struggling company, which most recently laid off about 200 people in October.
LivingSocial Chief Executive Gautam Thakar took over in 2014 and has been trying to refocus the company on products other than its daily deals business — most recently promoting its Restaurants Plus, which links customer credit card accounts to automatic restaurant discounts.
“It has been a tougher journey than I would have liked, but we have remained focused over the last year on the initial goal of being break-even in our voucher business,” Thakar said in a statement.
“We have aggressively sought operational efficiencies through simplification, automation and outsourcing, culminating in the completion of the initial phase of our turnaround today.”
One of LivingSocial’s biggest investors is Amazon.com.
At its peak, LivingSocial had more than 4,000 employees, including about 1,000 in D.C.
