Earnings Results: Carvana seeks to reset after 2022 losses, plans $1 billion in cost reductions

Carvana Co. said it plans to complete a $1 billion reduction in operating costs by the second quarter of 2023 as the online car-sales company seeks to right itself without resorting to layoffs, after it snapped a streak of winning years in 2022. Carvana CVNA, shares fluctuated between slight gains…#carvanaco #carvanacvna #sga #carvana
Source: Reuters: Health - Category: Consumer Health News Source Type: news