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Home » Carvana to cut 1,500 jobs as online auto dealer’s troubles mount

Carvana to cut 1,500 jobs as online auto dealer’s troubles mount

The cuts account for 8% of the company

Bloomberg NewsbyBloomberg News
November 18, 2022
in Management
Reading Time: 2 mins read
0
Carvana to cut 1,500 jobs as online auto dealer’s troubles mount

© 2022 Bloomberg L.P.

Carvana Co. said it will eliminate about 1,500 jobs, adding to the growing list of layoffs across corporate America as the online vehicle dealer grapples with a slowdown in the used-car market. The cuts amount to about 8% of the company’s workforce, a spokesperson confirmed Friday. Chief Executive Officer Ernest Garcia told staff that the […]

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