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Cars.com lays off 170 employees to cut costs during COVID-19 pandemic

Cars.com lays off 170 employees to cut costs during COVID-19
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“We proactively worked with our customers to help them manage through the crisis, while also taking immediate measures within the company, including a 250-person furlough of our workforce, and from that furlough a permanent reduction of 170 people,” Alex Vetter, CEO and president of Cars.com, said in a news release Wednesday.

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