TrueCar Appoints New CEO and Undertakes Workforce Reduction of 102 Positions
TrueCar Inc. has announced significant changes to its management and workforce, with the aim of restoring the health of its vehicle listings business. The Santa Monica, California-based firm will lay off 102 employees, which equates to a quarter of its workforce. Meanwhile, its COO, Jantoon Reigersman, will step up to become TrueCar’s new CEO. He …