Major Shake-Up at Car Rental Startup Turo: 15% Workforce Reduction After Delayed IPO
5 days ago
In a significant move reflecting the challenges faced by the car rental sector, Turo, a popular car-sharing platform, has announced a substantial reduction in its workforce, laying off 15% of its employees. This decision comes in light of a stalled initial public offering (IPO) that the company had been eagerly preparing for.
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Turo's Safety Team Takes Action Following Tragic Attacks, Impacting Users' Vacations
4 months ago
In a significant development for the popular car-sharing platform Turo, the company's safety team has taken decisive measures in response to a series of tragic incidents that have disrupted the vacation plans of numerous users. Following deadly attacks linked to its vehicle rentals, Turo is now implementing enhanced safety protocols aimed at protecting both renters and car owners on the platform.
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