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CarMax Layoffs: 145 Corporate Jobs Cut for Third Time in a Year
About 60 technology workers were among the cuts as new CEO Keith Barr pursues $200 million in annual savings to revive the retailer.
Summary by Quartz
6 Articles
6 Articles
CarMax Cuts 145 Corporate Jobs as Used-Car Market Pressures Profitability
CarMax has eliminated 145 corporate positions, or about 4% of its corporate workforce, as the used-car retailer reduces overhead and... The post CarMax Cuts 145 Corporate Jobs as Used-Car Market Pressures Profitability appeared first on citybiz.
Coverage Details
Total News Sources6
Leaning Left0Leaning Right2Center1Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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