Around the Net
National Used Car Company Carvana Lays Off Thousands
- Motorhead Mama, Wednesday, May 11, 2022 4:25 PM
Used car behemoth Carvana, which reported its first-ever sales decline in April, is laying off 2,500 employees or 12% of its workforce in what it is calling a “right sizing” maneuver. Executives of the 10-year-old company will go unpaid for the rest of 2022. Those giant glass vending machines they put up couldn't have helped their bottom line either.
