This email was sent out to all company employees this morning. so far no announcements of whos affected have been made. they massively over hired and are now cutting 12% of employees. calling it bullshit in slack is being met with threats of being sent home for the day and any threads about it are being instantly deleted. most peoples direct supervisors arent even in yet. I was planning on quitting next week to start up a coding bootcamp but im pissed for everyone who needs their jobs
Edit: as a comment said they just did a 2.2billion buyout of another company yesterday. CEO also has a personal pickle ball court at one of the hqs
https://www.marketwatch.com/story/carvana-buys-adesa-usa-from-kar-global-2022-05-10
Edit: imgur link full email and an argument with a lead in slack https://imgur.com/a/vdCmEpA