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LOTZ / Online used-car marketplace Shift cuts workforce 30% following CarLotz merger

Online used-car marketplace Shift cuts workforce 30% following CarLotz merger
Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz, CEO Jeff Clementz said during an earnings call. Read More
Posted: Mar 29 2023, 14:22
Author Name: TechCrunch
Views: 101876

LOTZ News  

Online used-car marketplace Shift cuts workforce 30% following CarLotz merger

By TechCrunch
March 29, 2023

Online used-car marketplace Shift cuts workforce 30% following CarLotz merger

Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate dupl more_horizontal

CarLotz, Inc. (LOTZ) Reports Q3 Loss, Lags Revenue Estimates

By Zacks Investment Research
November 8, 2022

CarLotz, Inc. (LOTZ) Reports Q3 Loss, Lags Revenue Estimates

CarLotz, Inc. (LOTZ) delivered earnings and revenue surprises of 32% and 32.53%, respectively, for the quarter ended September 2022. Do the numbers ho more_horizontal

CarLotz, Inc. (LOTZ) Reports Q2 Loss, Tops Revenue Estimates

By Zacks Investment Research
August 9, 2022

CarLotz, Inc. (LOTZ) Reports Q2 Loss, Tops Revenue Estimates

CarLotz, Inc. (LOTZ) delivered earnings and revenue surprises of -24% and 6.94%, respectively, for the quarter ended June 2022. Do the numbers hold cl more_horizontal

Used Car eCommerce Platform Shift to Merge with Consignment Firm CarLotz

By PYMNTS
August 9, 2022

Used Car eCommerce Platform Shift to Merge with Consignment Firm CarLotz

End-to-end eCommerce company Shift Technologies has announced that it will merge with used vehicle consignment business CarLotz, a press release from more_horizontal

CarLotz, Inc. Changes Date for Second Quarter Fiscal 2022 Earnings Release and Conference Call

By GlobeNewsWire
August 4, 2022

CarLotz, Inc. Changes Date for Second Quarter Fiscal 2022 Earnings Release and Conference Call

RICHMOND, Va., Aug. 04, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail use more_horizontal

CarLotz to lay off a third of its workforce, close some stores

By Market Watch
June 21, 2022

CarLotz to lay off a third of its workforce, close some stores

Used-car consignment and marketplace CarLotz Inc. said late Tuesday it will lay off about a third of its workforce and close stores as it seeks to rem more_horizontal

After-Hours Action: Why CarLotz Stock Is Sliding

By Benzinga
June 21, 2022

After-Hours Action: Why CarLotz Stock Is Sliding

CarLotz Inc (NASDAQ: LOTZ) shares are trading lower by 3.78% at $0.49 in Tuesday's after-hours session after the company announced the closure of 11 more_horizontal

CarLotz's (LOTZ) CEO Lev Peker on Q1 2022 Results - Earnings Call Transcript

By Seeking Alpha
May 9, 2022

CarLotz's (LOTZ) CEO Lev Peker on Q1 2022 Results - Earnings Call Transcript

CarLotz, Inc. (NASDAQ:LOTZ ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Susan Lewis – Vice President-Investor Rela more_horizontal


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