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TrueCar announced an organizational realignment this week, including a 30% workforce reduction. On today’s episode of CBT Now, TrueCar CEO and Founder Scott Painter shares insight into the realignment and the company’s turnaround strategy. Painter founded the company in 2005, serving as CEO and guiding it through its 2014 IPO before stepping down in 2016. He recently took the reins back after leading a $227 million transaction to take the company private, marking a major reset. CBT News is Dealers' #1 Resource for Auto Industry News, Content, Coaching & Analysis. CBT News is a multimedia broadcast platform serving automotive professionals. With interviews featuring the biggest names in the industry, daily newscasts following top stories, up-to-date market data, 13 shows with industry experts, and exclusive articles covering the latest industry trends, CBT is the leading voice of the retail automotive industry. Subscribe to CBT News on YouTube: / @carbiztoday Visit CBT News Website: https://www.cbtnews.com/ Follow Us On Social Media! INSTAGRAM | / carbiztoday FACEBOOK | / carbiztoday LINKEDIN | / cbt-news TIKTOK | / carbiztoday X | https://x.com/CarBizToday