CarMax Cuts 145 Corporate Jobs in Third Layoff Round in 11 Months

Used car retailer CarMax laid off about 4% of its corporate staff, or 145 employees, as part of “running leaner,” the company said in a Monday (Sept. “These changes will help us move faster and create better alignment across teams,” a CarMax spokesperson said in the report. These are CarMax’s first layoffs under CEO Keith Barr , who assumed that role in March, but they’re the company’s third round of cuts in less than a year.