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CarMax Cuts 350 Jobs in Latest Restructuring, Including Two Dozen in Richmond Area

Summary by Citybiz
CarMax Inc., the nation’s largest used-car retailer, said it is cutting about 350 jobs, including 25 positions in the Richmond region, as part of a restructuring of its customer-service operations. The move marks the company’s second round of layoffs in just over a year. The Goochland County–based Fortune 500 company said the reductions are concentrated in its Customer Experience Centers, which help facilitate vehicle purchases and trade-ins. In…
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citybiz broke the news in on Friday, October 31, 2025.
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