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USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!

 
ALL USELESS EATERS
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05/11/2022 10:14 AM
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USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!



Carvana laid off 2,500 employees, many of them over Zoom (updated)

[link to www.engadget.com (secure)]

SNIP:

On Tuesday, online used car retailer Carvana laid off 12 percent of its workforce, reports Protocol. According to Twitter reports, the startup incited “mass hysteria” among workers when it sent a company-wide email at 7:30AM informing everyone of the impending job cuts but not specifying who would be affected. In the end, Carvana told approximately 2,500 workers, many of them in “operational positions,” they no longer had a job with the company. The startup shared the news in person and in a Zoom call some employees said was pre-recorded, a claim Carvana strongly disputes.

"Saying goodbye to any team member is not a decision we take lightly and we aim to be transparent, thoughtful and supportive throughout this process, including providing meaningful assistance, resources and support to impacted team members," a spokesperson for Carvana told Engadget. "We believe these decisions, while extremely difficult, will result in Carvana restoring a better balance to our operations and facilitate the company returning to efficient growth on its mission to change the way people buy and sell cars."




Despite finding success early in the pandemic, Carvana has struggled recently. During its first-quarter earnings call, the company reported a $260 million net loss, and it blamed the layoffs on the financial headwinds that have come its way and slowed growth.

"Recent macroeconomic factors have pushed automotive retail into recession," the company said. "While Carvana is still growing, our growth is slower than what we originally prepared for in 2022, and we made the difficult decision to reduce the size of certain operations teams to better align with the current needs of the business."
Anonymous Coward (OP)
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05/11/2022 10:17 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
FROM: /Wellthatsucks

[link to imgur.com (secure)]

"CEO emailed us 6 in the morning to tell us they were laying off 2,500 employees because the company wasn’t doing well and our department was over staffed apparently..I got called into a meeting after I clocked in with hundreds of other people in the same room and was notified we would be let go. Came back to my desk and they had a box for all my stuff already. No notice aside from the email :/

Edit: Yes this was Carvana. CEO himself sent out the email and surprised everyone. Not even upper management was aware this would happen. They laid off everyone I knew, even managers and team leads who had been there for years. No one saw this coming as we thought we were doing okay. They literally just had a 2.2billion dollar deal and bought a new building in Phoenix. We got 4 weeks severance at least. Worried but hopefully I’ll find something better. Just sucks cause no one was expecting it. Came to work thinking it would just be another day.

Edit 2: This was not in Canada. Carvana does not operate in Canada. I simply enjoy Canadian cookies..yum.

Edit 3: Probably my last edit. This post got popular and I can’t keep up. Thanks for the encouragement everyone. If anyone is hiring in the Phoenix area..I could use a job..lol

Edit 4: I am getting absolutely bombarded with messages and DMs with people reaching out to me offering jobs. Thank you so much! Sorry in advance if I take a while to respond, but thank you also for trying to get a girl employed again!!"
Anonymous Coward (OP)
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05/11/2022 10:24 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!

MrBlonde

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05/11/2022 10:31 AM

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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
They had that many to lay off?! That’s the dumbest gimmick I’ve seen; a giant vending machine for cars.
Anonymous Coward
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05/11/2022 10:33 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
Doofus
Skorpio

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05/11/2022 10:37 AM

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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
They had that many to lay off?! That’s the dumbest gimmick I’ve seen; a giant vending machine for cars.
 Quoting: MrBlonde


Maybe they can use the glass bldg as a giant solar cooker. I don't know what else it would be useful for.
FCK the WEF! Keep your hands off my country!
MrBlonde

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05/11/2022 10:43 AM

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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
They had that many to lay off?! That’s the dumbest gimmick I’ve seen; a giant vending machine for cars.
 Quoting: MrBlonde


Maybe they can use the glass bldg as a giant solar cooker. I don't know what else it would be useful for.
 Quoting: Skorpio


The one here in KC is being used for target practice. They pissed off somebody; they’ve fixed and replaced all the windows up high at least 3 times in a year.
kat

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05/11/2022 10:43 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
Because they were ripping people off. Selling cars that were not road worthy, that had been in accidents and then concealed the facts.

It is good they have been taken down. Some fast karma going on there.
No good deed goes unpunished.
Anonymous Coward
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05/11/2022 10:46 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
They had that many to lay off?! That’s the dumbest gimmick I’ve seen; a giant vending machine for cars.
 Quoting: MrBlonde


Maybe they can use the glass bldg as a giant solar cooker. I don't know what else it would be useful for.
 Quoting: Skorpio


They should be used to lock up all the evil scum that gave us the scamdemic. We could stand outside and gawk at them as they fight for survival amongst themselves, maybe throw in a few chickens or a lion for food.
Anonymous Coward
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05/11/2022 10:53 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
DoorDash is next,
Anonymous Coward
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05/11/2022 10:55 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
The agenda continues
Anonymous Coward
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05/11/2022 10:59 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
Because if you accept returns for 30 days you can expect a lot of returns.
Slipknotz

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05/11/2022 10:59 AM

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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
Great car deals coming soon
distress
kat

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05/11/2022 11:03 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
DoorDash is next,
 Quoting: Anonymous Coward 80217191


What has doordash done wrong? I've never had the occasion to use them.
No good deed goes unpunished.
Anonymous Coward
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05/11/2022 11:07 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
The used car market will stay crazy until the parts supply chain is fixed or until people quit buying.
Anonymous Coward
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05/11/2022 11:11 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
This is the reality of a stolen election and rapid decline of a country under NWO control. You ain't seen nothing yet.
Anonymous Coward
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05/11/2022 11:12 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
DoorDash is next,
 Quoting: Anonymous Coward 80217191


How you know this?

what's going on with them?
Anonymous Coward
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05/11/2022 11:15 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
Just like when Zillow was buying houses sight unseen. Bad business model supported by funny money from Wall Street.
a follower of the way

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05/11/2022 11:15 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
The used car market will stay crazy until the parts supply chain is fixed or until people quit buying.
 Quoting: Anonymous Coward 59088707


Your best bet is buying a used car by private party, but at the same time doing your due diligence when it comes to checking it out. You will usually save thousands!
Anonymous Coward
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05/11/2022 11:17 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
such a scam, buy a car without visual/mechanical inspection and no test drive? All they need is for the car to run well enough for 30 days and you are stuck with it, along with your $500 car payment and repair costs.
Anonymous Coward
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05/11/2022 11:21 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
Gee.

Selling used cars sight unseen over the internet isn't a good businesss-model?

who would have thunk it.
Anonymous Coward
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05/11/2022 11:23 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
bidendid
WiscoSteve
Harmless Loveable Patriot

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05/11/2022 11:33 AM

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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
As a brick and mortar car dealer, I can tell you we all saw this coming.

Stupid gimmicks and tricks to raise stock price.

No way they made money on the cars they bought. They paid way over book value and most were not inspected.

I used to LOVE it when I saw them start bidding on one of my vehicles. CHA-CHING!!!!!




.
zzbudzz

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05/11/2022 11:38 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!


I guess he won't be sending anymore money to Ukraine now ..i'm getting sick of seeing that "I support Ukraine shit" I feel sorry for the Ukrainian people caught in the middle of this stupid shit but that govt is corrupt as hell!
Banned often
Anonymous Coward
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05/11/2022 11:42 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
DoorDash is next,
 Quoting: Anonymous Coward 80217191


How you know this?

what's going on with them?
 Quoting: Anonymous Coward 83062528


It’s a fucking troll

DoorDash are contract drivers

I drove for them myself you camt get get laid off, you really don’t work for them like a 9-5 job. You sit in your car waiting for a order to come through accept it or not and to the delivery thing.
Anonymous Coward
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05/11/2022 11:43 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
They had that many to lay off?! That’s the dumbest gimmick I’ve seen; a giant vending machine for cars.
 Quoting: MrBlonde


hesright

At least nobody had years vested in that brain fart.
Anonymous Coward
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05/11/2022 11:45 AM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
DoorDash is next,
 Quoting: Anonymous Coward 80217191


How you know this?

what's going on with them?
 Quoting: Anonymous Coward 83062528


Dumb idea. That’s what. Pay $50 for $30 worth of food? No thanks.
Anonymous Coward
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05/11/2022 12:06 PM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
Fuck. Carvana bought the business my daughter's fiance works at a few months ago. He's been a mechanic for a vehicle auction house for several years. Hopefully, he's got enough seniority to bypass this layoff. But Carvana sounds like a damn shakey company to begin with.
Anonymous Coward
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05/11/2022 12:09 PM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
lets dive deeper on this:

Wells fargo laid off mortgage lenders weeks ago, then earlier this week it came out the housing market it crashing...


you will own nothing and be happy about it, when you leave to go to work your living space wont be yours, someone else will come in and live in it. - WEF


Carvana laid off and soon gas wont be avail, Biden is killing Strageic petroleum reserves and every commercial for tools is electric. The STIHL commercial talking about how they employee thousands in Va Beach and put american tools in american hands!!! great patriots right ?


YEAH WITH CHINESE FRIGGIN BATTERIES!!!!

Gas and oil are bad mmkay - WEF


soon gas will not be available, housing market is crashing and you will own nothing.

Baby formula plant is closed and FDA admitted they didnt have bacteria in it but wont let em open.

DO YOU SEE WHAT IS HAPPENING.

They arent eating the flesh of America they ARE CRUNCHING ON BONES TOO so it cant be repaired.

no sugar coating no white hats no hopium
George Kaplan

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05/11/2022 12:10 PM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
With everything costing a fortune and continuing to rise who's got money to buy anything, people cannot pay damn rent or buy food and so on, robberies break-ins all kinds of crime is going to go on the rise with everything else because the people that don't have want what you have .








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Media LIES,TRUTH DEAD,Voting RIGGED, Vaxes=DEATH,Free Speech DEAD!,Still NOT VAXED ,TRUMP WON!
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George Kaplan
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Anonymous Coward
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05/11/2022 12:14 PM
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Re: USED CAR SALES APOCALYPSE: CARVANA just LAID-OFF 2500 EMPLOYEES over ZOOM without warning! RECESSION LEVEL CAR SALES! Stock down 90%!
DoorDash is next,
 Quoting: Anonymous Coward 80217191


What has doordash done wrong? I've never had the occasion to use them.
 Quoting: kat


employees refusing to deliver food if they don't get a tip first.

.





GLP