News & Analysis

Avis Europe has announced redundancies of 315 members of staff and the closure of its group headquarters in the UK.

The redundancies amount to 5% of the groups’s total head count and comes as the car hire company also closes certain low margin rental locations.

The redundancies are expected to cost a large part of the €23 million set aside for restructuring charge. The restructure is expected to save Avis around €16 million annually.

• Map: Travel job losses around the UK