Strategic Restructuring news and trends

Quick Reads
TrueCar Is Restructuring and Changing Management as Losses Continue

June 14, 2023
TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector.  In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction impacting approximately 102 positions, or 24% of the Company’s headcount.”  […]