TransportationUS

Vroom Layoffs

January 2023

Vroom announced a layoff affecting 275 employees (20% of its workforce) in January 2023. The company operates in the Transportation sector.

People Affected

275

Percentage

20%

Announced Date

Jan 18, 2023

About

Struggling online auto retailer Vroom announced a significant workforce reduction on Wednesday, laying off 275 employees. This cut represents approximately 20% of the company's total workforce, as disclosed in an SEC filing. The move is part of the company's broader efforts to restructure and reduce costs amid ongoing challenges in the automotive retail sector.