Cazoo did not give a breakdown of where the jobs will go, but the bulk will be across its 4,000-strong UK employee base, as well as in Germany. Jobs will also be cut across its other European ...

The online used car seller Cazoo has been sold for just £5m, three years after it was valued at more than £6bn. Administrators at Teneo said that they had realised £2.6m from the sale of Cazoo ...

MOTORS has relaunched Cazoo as a dedicated used car search platform, now serving as the leading brand within the network. The launch comes after MOTORS acquired the Cazoo brand in June 2024 and is ...

Cazoo Provides Business Performance & Strategic Update for April 2023 Q2 2023 Retail GPU expected to exceed £1,200 Cost reduction plan executed and EU exit complete ...

Cazoo Group , the U.S.-listed, U.K.-based online car seller, said it's cutting 15% of its workforce, or 750 jobs, as part of a plan to save £200 million ($250 million) from June 1 to Dec. 31, 2023.

Cazoo's current valuation is cheap, but there are significant risks. Check here to see why I consider this stock a high-risk/high-reward play.