Internal email: Carvana plans to cut 12% of its workforce, ~2,500 workers, saying it overshot its growth strategy after buying the Adesa US car auction business (Ben Foldy/Wall Street Journal)
Ben Foldy / Wall Street Journal: Internal email: Carvana plans to cut 12% of its workforce, ~2,500 workers, saying it overshot its growth strategy after buying the Adesa US car auction business — Downsizing comes after company raised billions in new debt with high interest — Online car dealer Carvana Co. CVNA -5.39%▼ … Checkout latest world news below links : World News || Latest News || U.S. News Source link