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CarMax Layoffs: 145 Corporate Jobs Cut for Third Time in a Year

Summary by Quartz
The used-car retailer has now eliminated more than 1,000 positions since 2024 as new CEO Keith Barr pursues a leaner cost structure

4 Articles

QuartzQuartz
Center

CarMax layoffs: 145 corporate jobs cut for third time in a year

The used-car retailer has now eliminated more than 1,000 positions since 2024 as new CEO Keith Barr pursues a leaner cost structure

·New York, United States
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Seeking AlphaSeeking Alpha
Lean Right

CarMax eliminates 145 corporate jobs amid market pressure (KMX:NYSE)

CarMax (KMX) cuts 145 corporate roles (4%) in its third layoff round in a year, aiming to streamline amid a tough used-car market—read more now.

·Ra'anana, Israel
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CBT Automotive NetworkCBT Automotive Network

CarMax cuts 145 corporate jobs as used-car market faces new pressure

CarMax cut 145 corporate jobs as used-car prices and borrowing costs pressure demand, while the retailer focuses on digital tools and financing.

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BizTocBizToc

CarMax Cuts Jobs for Third Time in 12 Months Amid Soft Auto Market

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

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  • 50% of the sources are Center, 50% of the sources lean Right
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BizToc broke the news on Tuesday, September 22, 2026.
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