Avis Budget Group is in the process of eliminating an undisclosed number of jobs because of a slowdown in the travel industry, the company revealed earlier this month.

Car rental company Avis Budget Group Inc <CAR.N> cut 700 jobs in the third-quarter and recorded a loss, before taxes, of more than $1 billion after writing down the value of certain assets ...

Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. Avis Europe, the car rental company, is to cut 5 per cent of its workforce after warning that full-year ...