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Stock impact report

Zipcar closing Boston headquarters, laying off 128 workers [Yahoo! Finance]

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: Yahoo! Finance
In a letter to Mayor Michelle Wu last week, the company said the move would affect 128 workers. Zipcar's regional field and fleet operations teams will continue to be based in Boston and other local markets to support members and day-to-day service without interruption, Avis Budget Group shared in a statement to Boston 25. “Zipcar remains fully operational and members should expect the same service and experience they rely on today. We are committed to managing this transition responsibly and supporting our employees throughout the process,” they said. The company stated that the consolidation further reinforces Zipcar's foundation and positions the business to continue serving its members well into the future. Zipcar currently serves 25 states: California Colorado Connecticut District of Columbia Florida Georgia Hawaii Illinois Indiana Maryland Massachusetts Michigan Minnesota New Hampshire New Jersey New York North Carolina Ohio Oregon Show less Read more
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