Hertz Moves Roughly 700 Jobs Out of New Jersey to Florida
SOURCENews reportView the filing ↗
What we know
Location: New Jersey to Florida.
Based on news reporting.
Summary
A Focus NJ study reports that Hertz Global Holdings moved roughly 700 jobs from New Jersey to Florida, contributing to the study's estimate of more than 7,000 jobs lost from eight companies since 2025. The move is presented as part of broader business outmigration impacting New Jersey tax revenue, with the Hertz-related shift tied to an estimated $1.4 million in lost state income tax revenue. The article frames Hertz's job relocations alongside similar moves by other large firms and discusses the fiscal consequences for state and local budgets. No specific departments or exact effective dates for Hertz’s relocations are provided in the article.
Hertz cut 700 jobs.
That is roughly 2.1% of the 34,000 people Hertz employs.
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