Avis Rentals makes more cuts while covid puts brakes on sales

Avis Rentals makes more cuts while covid puts brakes on sales
Brent Melville
Avis Budget Group said it will cut more jobs and further reduce its fleet size on the back of continued travel restrictions in New Zealand. A spokesperson for the firm, which lists a fleet of about 600,000 vehicles across 180 countries, said it was reducing costs in an effort to ensure its NZ business can recover from the impact of the global pandemic. It had signalled an initial round of cuts in July. The Nasdaq-listed group, which operates under its Avis, Budget and Apex car rental brands in about...

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