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.

TrueCar lays off 102 employees, taps new CEO amid restructure

Wed Jun 14, 10:22pm UTC
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.