Ben Foldy / Wall Road Journal:
Inside e-mail: Carvana plans to chop ~2,500 employees, or 12% of its workforce, saying it overshot its progress technique after buying automotive public sale web site Adesa US — Downsizing comes after firm raised billions in new debt with excessive curiosity — On-line automotive vendor Carvana Co. CVNA -5.39%▼ …
Source link
