Topics regarding layoffs at Hertz

Topics regarding layoffs at Hertz

HTZ BK / South Florida Wasteland

What would a Hertz bankruptcy mean for Southwest Florida? Hertz is in deep financial trouble. A new filing with the Securities and Exchange Commission questions whether the Estero company can last another year. If it goes bankrupt, it could have... — read more 

Cars got repo'd today.

54 cars just hauled off this morning under court order. Never seen anything like this before. Fleet Pool Manager look liked he saw a ghost. Working the gates was boring the last 16 years until today. So surreal! It was like something out of a movie... — read more 

Stay focused better days ahead

For all those impacted , as challenging as it now you have a bright future. As a former manager at Hertz I know the level of commitment and skill you all have. Succesffully navigating and executing on senior managers moving targets you have learned... — read more 

Bolloxed

https://www.google.co.uk/amp/s/amp.ft.com/content/cb632d0b-6910-40d9-9596-ca97c479ba06 Anyone got a spare billion lying around?

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| 544 views | | no replies yet
Post ID: @OP+14UPmipV

Hertz is hiring???

Just saw a job posting on hertz career site for 100 drivers in Detroit. Things that make you go hmmm...

Kathy has left the building

The only long term solution to all of Hertz's problems, is if we heard the words "Kathy has left the building and taken her P&G, GE's, and Walmart crooks with her." Yes this is my dream, my wish and my hope.

This is what will Happen at Hertz

On or about 5/22 Hertz will file for Chapter 11. A clean slate. Debt will be reduced from $19.54 Billion down to $8Billion. Common shares will be given to another $3Billion. Hertz will drastically change its reliance on travel and move into the... — read more 

How long will this last?

People call this a lifeline, but it's not. It's a temporary bandaid on a gaping wound and it's just a matter of time before it falls off once again. How they got anybody to actually agree to something like this is beyond... — read more 

FURLOUGHED EMPLOYEES

I just heard rumor they are planning to bring furloughed people back this week or next week. Do you know anything about this? Also, did anyone refuse to go back to work due to safety concerns? Thank you in advance. I appreciate all the answers. — read more 

Why is European leadership silent?

Nothing from Angela Brav. Nothing from the Country Leaders. I am lucky because I have a great manager who keeps me informed. But I want to hear from our leaders, because I know that our financial position is fully broken, and I know then are... — read more 

Poorly ran company...this was a long time coming

Where to begin: they made up positions for the higher ups friends to occupy, a dept full of "trainers" at the call cntr that hadnt been on the phones in 10+ yrs nor had even taken a call in the dept they were "training" people for, the fraud running... — read more 

$500m due May 4th otherwise bankruptcy it is...

Hertz struggles during coronavirus pandemic while Avis stays afloat... https://nypost.com/2020/05/03/hertz-struggles-during-coronavirus-pandemic-while-avis-stays-afloat/ And Enterprise is now #1

Last gasp for air.....

Based on the communication and lack of from Estero the end is near. Little or nothing is being done to save the company instead the leaders are preparing for the most economically positive exodus. For those of us still around the joy of not being... — read more 

HTZ stock...a lot of trading

Have you noticed how important were the trading of the Hertz stock over the last days. Over 4 times the average trading... Is there something about to happen?

Furlough in the United Kingdom

VP Operations sending letters about tough situation in the country. Four weeks ago it was all about love for the people and keeping prices up. Now screw the staff and rent vans to the government for 15 quid a day. Going down in style! After 16+... — read more 

Hertz Layoffs

What a shame to happen to what once was a great company to work for. But, I can't say that I am surprised. When I worked for Hertz (21years), it was a lot of fun. My coworkers and many of my regular customers were like family. My management chain of... — read more 

Restructuring

Restructuring experts have been brought in . . . https://mobile.reuters.com/article/amp/idUSKCN2253S4

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Post ID: @OP+14DU8CY8

Hertz signing a deal to get $1.78B in loans

Expect a phone call or email in the next couple of days. Hertz MB be signing a $1.78 Billion dollar loan and aid package to continue operations with lenders and the Fed. Stipulation will be that they bring back 7,000 jobs to get the bailout! More to... — read more 

Before you sign your severance agreement....

I see a lot of comments about severance pay and use of car for 90 days. Before you sign the package know you are also waiving all your rights to any future litigation! You are agreeing you will not sue or take part in any lawsuit against Hertz. ... — read more 

Fleet Car After Severance

I was let go as a Function Manager after 6 years and I am devasted. Loved my job and my team, but I think I can move on with my life. Got about 6 weeks pay and get to keep a high mileage mid class until July 15th S part of my severance. I am in a... — read more 

Severance

So messed up! I received a Severance package on the 14th and another package on the 19th. The package received on the 19th was $3798.00 less than the package I received on the 14th. I'm pondering who would be the best one to call to discuss the... — read more 

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| 1250 views | | 6 replies (last April 23, 2020)
Post ID: @OP+14AU2Ivz

Top Ten List of Funny Things at Hertz

Drum roll for the funny stuff at Hertz: OJ is still the face of the company. The Six Sigma garbage Pick pocketing customers at the counter, and then grading this aptitude through NPS scores. Ordering millions of $$$ of... — read more 

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| 2360 views | | 9 replies (last April 25, 2020)
Post ID: @OP+14AA9vVA

Yahoo Finance Article

Confirming 10,000 US employees laid off. https://finance.yahoo.com/amphtml/news/u-car-rental-company-hertz-211359378.html

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| 465 views | | no replies yet
Post ID: @OP+14zjoIAN

Farewell my colleagues in Denver

Despite the extremely poor leadership we always found a way to have fun! The front line staff truly wanted to help the customers and operations managers always supported and helped when needed. Our ZVP will not be missed! The worst leader ever! Will... — read more 

Laid Off? Find a new job.

I actually liked my job with the company but can honestly still say Hertz is by far one of the worst companies to work for. I just got complacent and didn't move on when I should have. At least now I can look for a company that isn't rated as one of... — read more 

Disappointed...

I left a really good company who is still taking care of their employees during this pandemic to come work for Hertz. I can honestly say that was the biggest mistake of my entire life. If I am washing toilets with my personal toothbrush daily, I... — read more 

FactCheck Compensation

http://ir.hertz.com/sec-filings Find entry "DEF 14A Official notification to shareholders of matters to be brought to a vote ("Proxy")" dated March 27. Open PDF document, go to page 65 of the PDF (p.59 of the Proxy) and read bottom two... — read more 

Cash Wasted!

Paul S. should really start reviewing the GM/DIR expense accounts. How much $$$ was wasted on booze at "meetings"– you think Seth's (ATL) expense account was bad?? Check out your other AP GM's- Top Shelf booze, str—ers, and the... — read more 

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| 1380 views | | 6 replies (last April 22, 2020)
Post ID: @OP+14xiozuK

Executive Compensation

Ouch....Could have saved alot of jobs Mainello-$2.9M Jackson- $1.63M Allen- $744K Kuppusamy- $748K Stone -$958K

For the lucky ones left

What are the odds the ones left will keep their jobs? I am a furloughed FM. Got furloughed the day everyone got laid off. Praying for a miracle.

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