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CarMax lays off 145 in line with planned cost cuts 

Analyst: Layoffs were planned, aimed at shrinking 'too much overhead' 

Amanda Harris

CarMax this week announced layoffs of 145 associates as it looks to “operate with a leaner corporate workforce,” the retailer said in a statement provided to Auto Finance News.   The move isn’t a sign of weakness for the company but rather in line with planned and announced cost-cutting efforts, Jeff Lick, managing director and research […]

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