Updated: November 29, 2012 8:38AM
Groupon isn’t the only daily deal giant having problems.
According to a report in the Washington Business Journal, LivingSocial plans to lay off up to 400 employees in various positions in U.S. offices Thursday.
The layoffs would comprise about 10 percent of the “more than 4,500 employees” counted on the company’s website.
A representative for the company could not be reached Wednesday night.