Carvana layoffs, on the record
Every job cut, severance charge and restructuring Carvana reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from over 13,700 to over 23,100.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | over 13,700 | December 31, 2023 |
| 10-K for 2024 | over 17,400 | December 31, 2024 |
| 10-K for 2025 | over 23,100 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryReported restructuring costs and workforce reductions in 2022, including $26 million of expenses associated with workforce reductions, of which $7 million was recorded to cost of sales.
Word for word“(1) For the year ended December 31, 2022, includes $28 million of lease termination fees, net of amounts written off for the corresponding operating lease right-of-use assets and operating lease liabilities which were terminated, $26 million of expenses associated with the workforce reductions, of which $7 million was recorded to cost of sales, and $3 million of other restructuring-related costs.” 10-K for 2023
Carvana has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Carvana’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 2026-02-18. 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.