Money

Carvana, known for its automotive vending machines, cuts 2,500 jobs following loss of $506M

Russ Wiles, Arizona Republic Comments Off on Carvana, known for its automotive vending machines, cuts 2,500 jobs following loss of $506M

The Arizona-based company has never logged an annual profit over its 10 years of existence, preferring instead to plow cash flow into expansion.

     
Russ Wiles, Arizona Republic
http://api-internal.usatoday.com.akadns.net

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