CarMax Cuts 145 Corporate and Edmunds Subsidiary Jobs Across Multiple Offices
SOURCENews reportView the filing ↗
What we know
Location: Richmond, Virginia.
Department affected: corporate (technology, human resources, product, accounting, marketing).
Based on news reporting.
Summary
CarMax, Inc. cut 145 corporate jobs under new CEO Keith Barr as part of a push to run with a leaner corporate workforce. Affected employees — including those at CarMax corporate offices in Richmond, Dallas and Atlanta and at its Edmunds subsidiary in California — were informed and told they no longer need to report to work; they will receive pay through Oct. 2 and are eligible for severance and outplacement support. The reductions primarily impacted salaried roles across technology, human resources, product, accounting and marketing and follow prior rounds this year and earlier years (including ~230 cuts in January). CarMax said the move is intended to align teams, speed decision-making, lower SG&A costs and support strategic priorities as the company targets exit-rate savings and navigates mixed financial results.
CarMax, Inc. cut 145 jobs in VA affecting its corporate (technology, human resources, product, accounting, marketing) team.
That is roughly 0.5% of the 30,000 people CarMax, Inc. employs.
LayoffTalk has tracked 9 layoff events at CarMax, Inc. since October 2025, with 9 additional events known from news reporting.
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