Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

In 10 Days, CarMax Will Furlough 15,500 Workers

TheMotleyFool

0 0

In 10 Days, CarMax Will Furlough 15,500 Workers

Coronavirus claimed its latest corporate victim on Wednesday, when after close of trading on the NYSE, used car superstore CarMax (NYSE: KMX) announced plans to furlough 15,500 CarMax "associates."

"The unprecedented coronavirus pandemic," explained CarMax in a filing with the SEC, is necessitating "significant adjustments to staffing levels and other company expenditures."

Image source: Getty Images.

Source Fool.com

Like: 0

KMX

Share