LayoffsJan 16, 2019
Microsoftspartan123

Heard that TrueCar is going to fire 40% of its employees

Is this true? TC: 205K

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TrueCar RIFnews Jan 16, 2019

thats a misunderstanding. 40% left/laid off since January 2018

Microsoft spartan123 OP Jan 16, 2019

What is the reason for layoff?

TrueCar RIFnews Jan 16, 2019

restructuring (again). It happens every year. coincidentally it happens around the time we decide to fire a chief human resources officer, which is also every year

Akamai Technologies Trn Jan 16, 2019

Truecar never lies.. so it must be true

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TrueCar JigJ26 Jan 17, 2019

40 PEOPLE left or fired since Jan 2018, not 40%. (That would be like 300 people) and truecar is only letting go bottom performers. Not a big deal.

TrueCar crayon1 Jan 17, 2019

Do you know when it will be announced?

TrueCar TGsL16 Jan 24, 2019

I thought in 2018 it was 40 let go in Product/Tech dept only?

TrueCar fkSz72 Jan 18, 2019

Started today in Santa Monica and will affect Austin office as well.