Carvana lays off 2500 employees in Phoenix

[Griffin]

https://www.fox10phoenix.com/news/carvana-laying-off-2500-employees

This just happened here in Phoenix yesterday. Could this be the beginning of the auto industry meltdown!?! Getting extremely concerning now

 

[quietpeen]

damn that is a huge layoff.

 

[grouch]

J.D. ByRyder has a lot near me. The last time I went by, they had 5 cars out in front. Their lot is usually fairly covered with cars. Off to one side, are several wrecked cars that look to be waiting to be repaired. Maybe 8 or so. A little over a dozen cars when they usually have 60 or so.