Carvana lays off 2,500 employees and opts to do so via Zoom

Online used car retailers on Tuesday Zoom reportedly laying off 12% of its workforce . According to Twitter, the startup is inciting “In a company-wide email sent to employees at 7:30 a.m., everyone was notified of the impending layoffs, but did not specify who would be affected. In the end, Carvana told about 2,500 employees on a Zoom call, many of whom People are in “operational positions”, they no longer work in the company the claim initiates the dispute.

Despite its early success in the pandemic, Carvana has been struggling recently.during which the company reported a net loss of $260 million and blamed the layoffs on financial headwinds that had emerged and slowed growth.

“Recent macroeconomic factors have pushed auto retail into recession,” a Carvana spokesman told Reuters protocol“While Carvana is still growing, we are growing more slowly than we initially prepared for 2022, and we have made the difficult decision to downsize certain operating teams to better fit current business needs.”

On the same day Carvana told employees about the layoffs, the company announced it would spend Buy a handful of used car auction sites from Kar Auction Services. Carvana isn’t the first company to make layoffs via Zoom webinars. Mortgage startup Better.com fired about 10% of its staff in a webinar late last year, sparking a similar backlash among those affected.

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