Avis Budget to Eliminate Undisclosed Number of Jobs
Citing a slowdown in the travel industry, the company says that the reductions involve a “small percentage” of Avis Budget's 30,000-member work force.
Because of a slowdown in the travel industry, Avis Budget Group Inc. recently said that the car rental company is in the process of eliminating an undisclosed number of jobs as part of a cost-cutting effort, the Associated Press reports.
John Barrows, the company’s vice president of communications, said the cuts are not specific to any division of the company, job description, or geographic area.
Last month, Avis Budget reported a 35-percent drop in second-quarter profit, blaming high fuel costs and weak economic conditions for cutting into its commercial traffic volumes.
According to the AP, Avis Budget also said at the time that it expected the slowdown in the travel industry to continue into its historically soft fourth quarter. As a result, the company said it would cut staffing levels and adjust the size and makeup of its fleet to better match expected demand.
Barrows declined to reveal the exact number of jobs being eliminated, saying only that the reductions involved a “small percentage” of Avis Budget’s 30,000-member work force.
More Rental Operations

Brazilian Executive MBA Targets Growing Domestic Rental Car Industry
Rental car companies face a unique combination of challenges that are rarely addressed in traditional programs.
Read More →
Green Motion Expands Into Japan With Master Franchise Agreement
Japan's tourism industry, business travel market, and demand for vehicle rental services are reasons the country represents an important market for the company.
Read More →
ACRA Carrying Fuller Industry Load As AI and EVs Lurk In Future
The leading car rental professional business group details an active legislative, regulatory, and macro-trends agenda affecting car rental operators.
Read More →
World Cup Travel Data Shows Longer Car Rentals and More One-Ways
A recent analysis of FIFA bookings found varied demand patterns that influenced rental car pricing.
Read More →
A Leveling Force: AI Morphs Into A Rental Car Profit-Seeker
Revenue managers can’t match the emerging AI tools gobbling lots of data that could counter the competitive race to the rate bottom.
Read More →Stop Losing Money On Rental Tolls
Regardless of your rental fleet size and structure, fleet managers, executives, and owners can gain valuable insights into an often-overlooked area of fleet operations.
Read More →
Rethink The Future To Avert A Race To The Bottom
Rental car operators heard a sobering industry message and a stern challenge at the close of the International Car Rental Show.
Read More →
DriveItAway, Free2move Plan Shared Fleet Program for Independent Rental Fleet Operators
Vehicles would be placed with participating rental operations to support car renter demand and provide additional fleet capacity.
Read More →
Stellantis Recalls 1.3 Million Jeep Vehicles Worldwide Over Fire Risk
Stellantis is recalling more than 1.3 million Jeep Wrangler and Gladiator models worldwide over a fire risk linked to power steering pump wiring.
Read More →
Green Motion And U-Save Open Rental Operations In Guatemala
The brands will open their first rental car outlets in the country at La Aurora International Airport in Guatemala City.
Read More →
