Stratrix
On the Record · CarGurus

CarGurus layoffs, on the record

Every job cut, severance charge and restructuring CarGurus reported in its annual reports, 2023 to 2025, quoted from the filings.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 20231,343 full-time employeesDecember 31, 2023
10-K for 20241,282December 31, 2024
10-K for 20251,218 full-time employeesDecember 31, 2025

Job cuts, severance and restructuring

  1. Our summaryThe company wound down a business and recorded one-time restructuring costs, including severance, employee-related costs and contract termination charges, tied to discontinued operations. Cost: $ 5.4 million of one-time restructuring costs

    Word for word“Of this amount, the Company incurred and paid $ 5.4 million of one-time restructuring costs, including severance and other employee-related costs and contract termination charges, a ttributable to discontinued operations.” 10-K for 2025
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for restructuring
2025-12-31$5.4 million

CarGurus filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from CarGurus’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.