© 2024
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Vermont's Dealer.com Lays Off 45 As Part Of Cost Cuts

Dealer.com Headquarters

A Vermont company that produces and manages digital products for the auto industry is laying off 45 employees from its Burlington headquarters.
The layoffs are part of cost-cutting measures being implemented Dealer.com’s Atlanta-based parent company, Cox Automotive.

Dealer.com spokeswoman Alison Von Puschendorf tells the Burlington Free Press the company held discussions with affected employees Tuesday and is "working closely with them during this transition."

She says the company is also working with local and state agencies to help the laid-off employees.

Dealer.com was founded in Burlington in 1998. The company was acquired by Cox Automotive in 2015.

The company's website says it now employs about 800 people with "bi-coastal" offices.

Von Puschendorf says Dealer.com is committed to staying in Burlington.

Copyright 2017 Associated Press. All rights reserved.