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According to Automotive News, the company has tied the employee reductions to its pursuit of executing a long-term, cost-cutting-focused business plan it shifted to last year.
US-based online used-vehicle retailer Vroom has started cutting 11 percent of its workforce, or around 120 employees
San Francisco, April 30: US-based online used-vehicle retailer Vroom has laid off 11 per cent of its workforce, or around 120 employees, across different departments and locations.
Shift Technologies, Inc. (NASDAQ:SFT – Get Rating) major shareholder Maruthi Jd Venkata purchased 41,482 shares of the company’s stock in a transaction on Wednesday, April 5th. The stock was acquired at an average price of $1.10 per share, with a total value of $45,630.20. Following the purchase, the insider now owns 1,911,673 shares of the […]
Shift Technologies, Inc. (NASDAQ:SFT – Get Rating) major shareholder Maruthi Jd Venkata purchased 27,962 shares of Shift Technologies stock in a transaction that occurred on Friday, March 31st. The stock was acquired at an average price of $1.12 per share, with a total value of $31,317.44. Following the transaction, the insider now owns 1,823,456 shares […]