Carvana Co. will lay off extra staff and take different measures resembling lowered work hours because the used-car retailer contends with weak gross sales, The Wall Road Journal reported on Friday.

The corporate was letting open positions go unfilled and several other operations groups had been working fewer than 30 hours per week or four-day work weeks, the WSJ reported, citing present and former staff in addition to inside emails.

Carvana, greatest recognized for its automated automotive merchandising machines, didn’t instantly reply to a Reuters’ request for remark.

The corporate’s shares had been down almost 9 % in premarket commerce on Friday, a day after surging about 40 % amid curiosity from retail buyers.

Carvana let about 4,000 staff go in 2022 because it struggled to cope with the debt that piled up because it acquired vehicles at elevated prices.

The demand for used vehicles has fallen over the previous 12 months as customers go for different means to commute in an try to trim bills.

That droop in demand has additionally compelled the Tempe Arizona-based firm to promote many used vehicles at decrease costs.