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Vroom laying off 90% of workforce, shutting down used-vehicle platform - CTech

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The company, which peaked at a valuation of over $8 billion in August 2020 but has seen its market cap fall to $75 million, said that it is discontinuing its e-commerce operations and winding down its used vehicle dealership business, resulting in the layoff of 800 employees

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January 23, 2024 at 03:54PM
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Vroom laying off 90% of workforce, shutting down used-vehicle platform - CTech
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