Thread regarding KAR Auction Services Inc. layoffs

Is that true?

Just when I thought I would be spending my vacation stress-free, I heard rumors that more layoffs are coming. Please, does anyone have insight into whether this is true and if so, can you provide more details?

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Post ID: @OP+1hHpoB2x

2 replies (most recent on top)

You know more is going down when your HR team calendar is full.

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Post ID: @3ikl+1hHpoB2x

Unfortunately the restructuring is not done. About another 200 midlevel management slated to be let go. More hourly staff on the blocks one the management cuts are done. Carvana is bleeding cash stock price in the sh----r. Sub prime loans crashing and all the over valued cars the last 2 years losing all its value. Get ready for the worst to come

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Post ID: @3unx+1hHpoB2x

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