Online car retailer Cazoo, founded by Alex Chesterman in 2018, enters administration with 200 jobs at risk.

Online car retailer Cazoo, founded by entrepreneur Alex Chesterman in 2018, has entered administration, putting over 200 jobs at risk. The company, which recently cut 728 jobs due to cost-cutting efforts, appointed administrators from Teneo who will attempt to sell the remaining marketplace business. Cazoo will retain its 208 remaining staff members during the administration process.