Hertz Corporation to relocate Dollar Thrifty headquarters to Estero, Florida from Tulsa, Oklahoma

Unknown number of jobs leaving Tulsa for Florida

TULSA - More than 100 jobs could be leaving Tulsa after the Hertz Corporation announced plans to relocate most of its corporate jobs to Florida by 2015.

The company announced on their website Tuesday they will relocate their Hertz's headquarters to Estero, Fla. from Park Ridge, N.J. along with Dollar Thrifty's  headquarters from Tulsa (http://bit.ly/18rC9NP).

Hertz acquired Dollar Thrifty last November.

According to the statement, consolidating corporate offices "will allow for increased efficiencies and cost synergies across the company."

The jobs will be transferred to the new Florida headquarters over a two-year period.

"After our recent business expansion, we have been looking for the right location to blend Hertz and Dollar Thrifty head office employees," said Mark P. Frissora, Hertz chairman and chief executive officer. "Florida is the center of the U.S. travel and tourism industry -- this move enables us to be closer to leisure and business customers, as well as many travel and association partners."

Hertz and Dollar Thrifty have more employees in Florida than in any other state except California, and Florida rents more cars per capita than any other state. Florida provides ready access to a vast and diverse talent pool, including 3,000 of our own employees, as we grow our businesses. All of these factors supported the company's final decision.

"...In no way should this decision be perceived as a slight to our partners in New Jersey and Oklahoma. We recognize the significant efforts undertaken in recent years in both states to create and retain jobs, while improving the overall business climate," said Frissora.

Frissora said the company will continue to grow its businesses in Oklahoma and New Jersey, retaining e-commerce and other financial functions in the states.

Oklahoma will remain the primary home for IT, customer service and financial support for the North American business, according to the online statement.

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