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Tempe-based Carvana Co. has slashed 8% of its workforce, which amounts to roughly 1,500 workers. It's the second major round of job cuts announced by the online used-car retailer this year.
Used-car seller Carvana, facing weak car sales and losses, laid off 1,500 more staff. The company has cut almost 20% of its employees in 2022.
In another signal of the rising popularity of pickleball, Tempe-based Carvana (NYSE: CVNA) has signed on to be the title sponsor for a group that hosts a professional tour of the sport.
Tempe-based Carvana opened its new car vending machine near the Loop 101 Agua Fria Freeway and Bell Road in Glendale on Wednesday.
Tempe-based Carvana Co. has opened its newest car vending machine in Glendale, the company’s second signature structure in the Valley.