Turo

Turo laid off 150 employees representing approximately 17% of its workforce on 2025-04-16.

Last month, Turo, a car-sharing company, laid off 108 employees, which represents 30% of its workforce. The layoffs affected all departments and were a direct result of the COVID-19 pandemic, as shelter-in-place orders drastically reduced consumer demand for car rentals. This downturn has similarly impacted competitors like Getaround and Zipcar, highlighting widespread challenges in the sharing economy during the crisis.