TrueCar

Automotive Marketplace United States companywide; Santa Monica, California headquarters

Report

Total cuts

30%

Percentage

Date announced

February 24, 2026

Supporting source

TrueCar via PR Newswire Coverage published Feb 24, 2026

Layoff Summary

TrueCar cut 30% of its workforce following a go-private operational review.

TrueCar eliminated nearly a third of staff to restore profitability and recommit resources to its core marketplace mission.