Carvana to lay off 1,500 employees following stock freefall

Carvana plans to lay off about 1,500 people, or 8% of its workforce, following a freefall in the company's stock, according to an message obtained by CNBC.

Carvana to lay off 1,500 employees following stock freefall
Carvana plans to lay off about 1,500 people, or 8% of its workforce, following a freefall in the company's stock, according to an message obtained by CNBC.