https://layoffcheck.com/companies/truecar Layoff and WARN notices reported for TrueCar. en-us https://layoffcheck.com/companies/truecar#2026-02 https://layoffcheck.com/companies/truecar#2026-02-123 Tue, 24 Feb 2026 12:00:00 GMT TrueCar laid off fewer than 100 employees on February 24, 2026, about 30% of its roughly 400-person staff, as part of an organizational realignment under returning founder and CEO Scott Painter. The cuts followed a $227 million go-private transaction, led by Painter and investors including AutoNation and PenFed Credit Union, that closed in late January after being announced on January 21. The Los Angeles-based automotive marketplace said the restructuring aimed to restore profitability and recommit to its core mission after an in-depth operational review. As part of the realignment, the company said it would shift focus away from three initiatives: TrueCar+, TrueCar Marketing Solutions, and TrueCar Wholesale Solutions. The reductions reached employees across all of its offices. https://layoffcheck.com/companies/truecar#2023-06 https://layoffcheck.com/companies/truecar#2023-06-1688 Wed, 14 Jun 2023 12:00:00 GMT TrueCar reported a workforce reduction in Los Angeles in June 14, 2023. https://layoffcheck.com/companies/truecar#2020-05 https://layoffcheck.com/companies/truecar#2020-05-3930 Thu, 28 May 2020 12:00:00 GMT TrueCar reported a workforce reduction in Los Angeles in May 28, 2020.