Here are the Latest Countries Where Groupon is Shutting Down

November 17, 2015, 9:44 PM UTC
Groupon office engraving
Caption:CHICAGO, IL - JUNE 10: The Groupon logo is engraved in a glass office partition in the company's international headquarters on June 10, 2011 in Chicago, Illinois. Groupon, a local e-commerce marketplace that connects merchants and consumers by offering goods and services at a discount, announced June 2 that it had filed with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The company, launched in Chicago in November 2008 now markets products and services in 43 countries around the world. (Photo by Scott Olson/Getty Images)
Photograph by Scott Olson — Getty Images

Groupon has announced that it’s shutting down in another slate of countries, all Nordic.

The e-commerce site announced that it’s halting business in Sweden, Denmark, Norway, and Finland, TechCrunch reported. The news comes as Groupon recently laid off 1,100 employees in September and promoted Rich Williams to CEO. Earlier in November, the news and weaker-than-expected guidance caused the stock to fall sharply.

“As we continue our operational and strategic focus to simplify and streamline our international business, we are assessing our international portfolio to determine which assets can contribute to our long-term vision of aggressive, profitable growth,” said a spokesperson in an emailed statement to Techcrunch. “After careful consideration Groupon will discontinue its operations in Sweden, Denmark, Norway and Finland as of 16 November 2015.”

The spokesperson added, “We will work closely with our merchants and customers to ensure that all Groupon commitments are met. Our focus is also on our staff in this market and supporting them fully at this time.”

Fortune has reached out to Groupon for additional comment.

The move comes as there have been other recent closures in countries including Morocco, Panama, the Philippines, Puerto Rico, Taiwan, Thailand and Uruguay, according to TechCrunch.

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