Groupon’s having a hard time holding on to recently hired execs - another employee is jumping ship, and heading back to Google, according to reports.
Georgiadis was hired in April before the company filed for its IPO (and before it became somewhat of a corporate pariah). Before she joined Groupon, Georgiadis ran global sales at Google.
Groupon again amended its public offering documents in a new filing with the SEC, and changed the way accounting methods are described. Now, revenue will be reported excluding the money it pays out to merchants. The filing also includes CEO Andrew Mason’s defensive and peeved letter to employees.