Laid off along with a massive amount of others today. Not sure if kar is liquidating all its companies but cars arrive is at a quarter of the employees it was on Friday. No one is safe, entire teams where let go again! BTW Adesa lost General motors and Ford and other key accounts after the carvana merger was announced. Key people have left the company as well.
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I was laid off in May after 20 years of service. Very cold and unprofessional call with HR and my former Manager
layoffs happening. execs see the writing on the wall .
Why is KAR laying off employees when they continue to keep Executive Chairman Jim Hallett on the payroll who does nothing more than draw a breath and a check?? Base salary of $725K in 2022 and Total 2021 compensation of $4.8M!!! How many employees could have kept their jobs if the Board had done there's and told Jim adios!
I was laid off as well. There is no media coverage at all.