TrueCar lays off 102 employees, taps new CEO amid restructure

TrueCar lays off 102 employees, taps new CEO amid restructure

11 months ago
Anonymous $KxGqLmj_R3

https://techcrunch.com/2023/06/14/truecar-lays-off-102-employees-taps-new-ceo-amid-restructure/

TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, the company said Wednesday. About 102 people will be impacted by the layoff.

President and CEO Michael Darrow is stepping aside both from his executive roles — to be replaced by Jantoon Reigersman — and his position on the board. Reigersman previously served as TrueCar’s chief operating officer and chief financial officer.