Tuesday, 14 April 2020

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

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.



source https://www.autonews.com/dealers/lithia-expects-drop-q1-net-income-after-showrooms-closed-jobs-cut

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