Money Carvana, known for its automotive vending machines, cuts 2,500 jobs following loss of $506M May 11, 2022Russ Wiles, Arizona RepublicComments Off on Carvana, known for its automotive vending machines, cuts 2,500 jobs following loss of $506M The Arizona-based company has never logged an annual profit over its 10 years of existence, preferring instead to plow cash flow into expansion.