In this April 29, 2011 photo, Ross Arbes, 24, left, plays ping pong while on break at LivingSocial's offices in Washington. (AP Photo/Jacquelyn Martin) More bad news for LivingSocial, the beleaguered commerce platform that competes with the likes of Groupon in offering deals on events and services local to its users. Today, LivingSocial announced that it would lay off 160 employees, and over the next two months, it will shut down its customer services operations in Tucson, AZ, accounting for a further 120 people — bringing the… Read More

Source: News