---
title: CarMax Cuts 145 Corporate Jobs in Third Round of Layoffs
description: "Via Wall Street Journal US Business: CarMax slashed 145 white-collar jobs, about 4% of its corporate staff, citing a soft auto market pressured by high price..."
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### CarMax Cuts 145 Corporate Jobs in Third Round of Layoffs

Wall Street Journal US Business • September 21, 2026 at 2:28 PM ET

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CarMax slashed 145 white-collar jobs, about 4% of its corporate staff, citing a soft auto market pressured by high prices and rising interest rates. The cuts mark the third round of layoffs within 12 months as the company tries to jump-start sales and restore profitability. The used-car retailer is struggling to revive sales amid challenging market conditions.

CarMax is the nation's largest used-car retailer and is working to stabilize its financial position under Chief Executive leadership.

[Read original article](https://www.wsj.com/business/autos/carmax-cuts-jobs-for-third-time-in-12-months-amid-soft-auto-market-c49169dd)

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