TSLA376.020-2.65%
GM78.9400.98%
F12.390-0.105%
RIVN16.145-0.575%
CYD40.770-1.06%
HMC24.200-0.17%
TM193.1400.97%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9400.98%
F12.390-0.105%
RIVN16.145-0.575%
CYD40.770-1.06%
HMC24.200-0.17%
TM193.1400.97%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%
TSLA376.020-2.65%
GM78.9400.98%
F12.390-0.105%
RIVN16.145-0.575%
CYD40.770-1.06%
HMC24.200-0.17%
TM193.1400.97%
CVNA406.420-0.31%
PAG161.5501.41%
LAD277.2400.38001%
AN200.970-3.03%
GPI344.7005.18%
ABG200.5600.53%
SAH72.3900.81%


layoffs

Ford

Ford announces layoffs as part of its shift to EVs

- August 24, 2022
Ford has begun notifying certain salaried and agency workers of layoffs this week, according to an internal email sent to its employees. Ford has been signaling for weeks they would layoff...
Rivian

Rivian confirms at least 800 layoffs, shifts focus to accelerating production

- July 29, 2022
Amy Mast, a spokesperson for Rivian Automotive, has confirmed in an email that at least 6% or 800 out of 14,000 of its employees will be laid off to speed up the...
Carvana

Carvana cuts 2,500 jobs after posting net loss of $506M

- May 12, 2022
In a regulatory filing this week, Carvana said that it has laid off 2,500 of its employees, accounting for 12% of its workforce. Most of the affected employees were reportedly working in...
DealerSocket

DealerSocket lays off large portion of employees as part of restructuring plan

- August 18, 2021
Dozens of DealerSocket employees were let go from their jobs in July effective immediately, just two months after the Software as a Service (SaaS) firm was acquired by Solera Holdings...
automotive newscast

CBT Automotive Newscast: September 3, 2020

- September 3, 2020
Today's Featured Interview: Marc Cannon Reflects on AutoNation's Year Thus Far and What's In Store for the Future In the midst of the pandemic, the customer experience in dealerships has experienced...
Cox Automotive

Cox Automotive Trims 275 Jobs During Recovery

- June 19, 2020
Facing a steep decline in revenue since the COVID-19 pandemic struck the United States, Cox Automotive trimmed their workforce by approximately 275 positions on Thursday. Of the cuts, 60 percent...
Uber

Uber Slashes Jobs Yet Again: What it Means

- May 21, 2020
Just like most businesses, Uber has taken a huge hit in the midst of the novel coronavirus. The rideshare giant has announced it will be cutting 3,000 more employees after...
GM

How GM’s Layoffs will Affect the Auto Industry in 2019

- December 14, 2018
GM announced last week that it would close five factories and lay off nearly 15,000 workers in a move that may be indicative of an economy preparing to slow down....


CBT News
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