Carvana Cuts Staff as Used Car Sales Crater

Carvana Co. announces a second round of job cuts, expected to impact about 1,500 employees or 8% of its workforce.
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Carvana Co. announces a second round of job cuts, expected to impact about 1,500 employees or 8% of its workforce.
At a San Diego industry gathering, market watchers predict continued slide from pandemic-era highs.
October reflects multimonth decline.
Adds vehicles up to 10 years old and with as many as 100K miles.
Company launched its digital marketing campaigns to consumers in the Dallas Metroplex area.
NADA numbers show sales prices rose, though volume was down due to inventory shortages.
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