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TRUE / TrueCar lays off 102 employees, taps new CEO amid restructure

TrueCar lays off 102 employees, taps new CEO amid restructure
TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, the company said Wednesday. About 102 people will be impacted by the layoff. Read More
Posted: Jun 14 2023, 17:27
Author Name: TechCrunch
Views: 112370

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TrueCar Inc's Rocky Road Ahead: Unraveling the Factors Limiting Outperformance

By GuruFocus
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TrueCar Inc's Rocky Road Ahead: Unraveling the Factors Limiting Outperformance

Long-established in the Interactive Media industry, TrueCar Inc ( TRUE , Financial) has enjoyed a stellar reputation. It has recently witnessed a surg more_horizontal

TrueCar's Revenue Turns Up As OEMs Restart Incentives

By Seeking Alpha
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TrueCar's Revenue Turns Up As OEMs Restart Incentives

TrueCar, Inc. beat revenue and EPS consensus estimates in its recently reported Q2 2023 financial results. The firm connects car buyers with dealers i more_horizontal

TrueCar (TRUE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
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TrueCar (TRUE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for TrueCar (TRUE) give a sense of how its business performed in the quarter ended June 2023, it might be worth consideri more_horizontal

TrueCar (TRUE) Reports Q2 Loss, Tops Revenue Estimates

By Zacks Investment Research
July 31, 2023

TrueCar (TRUE) Reports Q2 Loss, Tops Revenue Estimates

TrueCar (TRUE) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.0 more_horizontal

TrueCar stock revs higher on big staff cuts; new CEO

By Proactive Investors
June 15, 2023

TrueCar stock revs higher on big staff cuts; new CEO

TrueCar (NASDAQ:TRUE) Inc shares climbed 10% to $2.72 on Thursday after the car-pricing platform announced that it is eliminating 24% of its workforce more_horizontal

TrueCar Is Restructuring and Changing Management as Losses Continue

By PYMNTS
June 14, 2023

TrueCar Is Restructuring and Changing Management as Losses Continue

TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving effici more_horizontal

TrueCar lays off 102 employees, taps new CEO amid restructure

By TechCrunch
June 14, 2023

TrueCar lays off 102 employees, taps new CEO amid restructure

TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, more_horizontal

TrueCar stock jumps 8% after layoffs, new CEO news

By Market Watch
June 14, 2023

TrueCar stock jumps 8% after layoffs, new CEO news

Shares of TrueCar Inc. TRUE rallied more than 8% in the aftermarket Wednesday after the car-pricing platform announced a restructuring, which includes more_horizontal


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