CarMax, the nation’s largest retailer of used automobiles, has announced layoffs of 350 workers nationwide, including 25 in ...
These latest layoffs are at least the second bunch of job cuts by the company since summer of 2024, when it confirmed it had ...
CarMax Inc.’s recent profit miss and the stock’s 20% selloff have made analysts at Morgan Stanley question the used-car retailer’s ability to operate in a “competitive” environment — and much more so ...