Ben Foldy / Wall Street Journal:
Internal email: Carvana plans to cut 12% of its workforce, ~2,500 workers, saying it overshot its growth strategy after buying the Adesa US car auction business — Downsizing comes after company raised billions in new debt with high interest — Online car dealer Carvana Co. CVNA -5.39%▼ …
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Sophia is an entrepreneur and blogger. She is passionate about software, disruptive technology, personal development, and inspiring others.
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