AutoNation cuts 3,500 jobs

AutoNation, the country’s largest auto dealer, is eliminating 3,500 workers, about 50 percent of them furloughed due to the coronavirus.

Marc Cannon, executive vice president, confirmed to FOX Business the impacted employees were part of the initial 7,000 furloughed as efforts were made to become more nimble.

“The actions are a result of a successful move to digital and store efficiencies,” Cannon explained.