Carvana to layoff 8 percent of its workforce – Breaking News & Latest Updates 2026
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Friday’s tech news live: All eyes on Twitter (again)

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Carvana to layoff 8 percent of its workforce.

That translates to around 1,500 workers, which is not totally surprising, considering the used car dealer has lost almost 98 percent of its value in recent weeks. Carvana’s rapid growth during the pandemic appears to have run into the same economic headwinds many tech companies are now facing. Not unrelated, you can get a 2012 Honda Fit for about $14,000 delivered on Tuesday.

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