Cars.com

Automotive Marketplace United States companywide; Chicago headquarters
Report

Date announced

Supporting source

U.S. Securities and Exchange Commission Official filing

Layoff Summary

Cars.com eliminated approximately 11% of full-time roles, including management and two executive positions.

Cars.com streamlined processes and vendor spending around its marketplace strategy, targeting $25 million to $30 million in recurring savings and completing most actions in early Q2.

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