Tuesday, April 14, 2020

Lithia expects drop in Q1 net income after showrooms closed, jobs cut

Lithia expects drop in Q1 net income after showrooms closed, jobs cut https://ift.tt/3a8AzEk

The third-largest U.S. auto retailer said it cut staffing by 37 percent, mainly as furloughs. Lithia employs about 14,000 people, so the move has impacted roughly 5,100 positions.

No comments:

Post a Comment