Stock Market News
Carvana to lay off about 2,500 employees
2022.05.10 19:45
FILE PHOTO: Vehicles are displayed at a Carvana dealership, which allows customers to buy a used car online and have it delivered or pick it up from an automated-tower, in Austin, Texas, U.S., March 9, 2017. REUTERS/Brian Snyder
(Reuters) – Online used-car retailer Carvana Co (NYSE:CVNA) said on Tuesday that it would lay off about 2,500 employees primarily in operational groups.