Hertz: The car rental company's stock plunged 23% in extended trading after The Wall Street Journal reported that Hertz secured an additional advisor to help with bankruptcy proceedings.
https://finance.yahoo.com/news/hertz-plummets-amid-reports-company-024702859.html
ok so what about this law suit? Does any one have any details or how to join?
I drank the Hertz Kool-aid for way too long even until the bitter end I was pushing my team to produce. They were on their furlough call before I got mine. They can't even go through the chain of command they tote about so much. I had countless one on one monthly convos meant to let the employee know their progress. I took notes and made my PowerPoint per expectation and my leader still tore it apart. Never once did I get a good job whilst my team was producing numbers that doubled the department. It's a micro-managed company of asses. They said to ask questions and answers were never provided. The town halls were pointless numbers that made no sense. Like many others I was laid off without a second thought. My tenure middle of the road compared to my colleagues. I wonder how people managed to stay with this company for 20 plus years. The flat group phone call telling people they no longer have a job no matter if it's just business or not was heartless at best. I hope the class action lawsuit is successful and spreads across the country I will most certainly be putting my name on that. The breakup was bitter the exchange of belongings so nonpersonal. People you have worked with every day now strangers with a company badge asking if there is anything else to declare as if they never knew you. The lack of humanity is heartbreaking to say the least. I will be stronger and better for this somewhere else. That is the rainbow in this sh–storm. Stay safe and cover your face
I am not laid off, but I wish I wasn’t one of the “lucky” ones brought back. If you turn it down you are not eligible for unemployment. I am stuck at an airport location on a busy night with three reservations. The last flight is usually on the ground by 9:40...but wait for it...I still have to stay until 11, not even the other companies are there. I am downstairs in baggage claim right by the escalator and the lights are turned off upstairs except for the emergency lighting because the only ones left are me and the airport police. I am given part-time hours that are just enough to exclude me from unemployment, no off the clock break allowed and I do not make enough to pay my bills. Three of us were brought back, I work 4 nights a week, one works 3 nights and a day. The other one has refused for years to work nights or weekends. Prior to us coming back, the salaried employees were covering the night shift. My friends at the counter next to me told me they would leave after the last flight, if they were even on site. They would leave one the wallow talkies with a different company in case a someone actually showed and then have them give the customer an estimate of how long until they got back. IMO, the only reason two of us are back is so that management no longer has to be there at night. Not all, but a majority of hourly employees live paycheck to paycheck...for the record, not here but I was salaried for over 10 years and it was my choice to leave the stress behind. Knowing that they are fully aware that their current employees not only do not have a full paycheck, no hope for any commission to offset it, to hear that the execs are going back to their full salary while she opts to go back to her salary minus 10%, is like a slap in the face and adding insult to injury. I don’t think the payment will be made when the forbearance is up. I don’t believe we will come out stronger and better, it has been broken for a long time. It’s publicly traded, go look at the p&l’s. I doubt they will come up with the money once the forbearance is over, and they are using this time to continue lining their pockets until they hit Chapter 11 and the Court intervenes. Before anyone tells me to quit and get another job, that would only make sense in an economy that is not potentially on the verge of a depression.
Not laid off still here listening the propaganda being spewed out of Estero. I have no loyalty to Kathy, Paul or any of her brainless ZVP's. I am mad that so much talent has been lost and the c-ap left behind is what we have left. Here in Colorado we are screwed! Our ZVP is simply an id–t! There is no other words that fit. I have worked under some great leaders and what we have today is quite the opposite.
The questions for us still here is also what is next? None plan on staying its just when and where to go next. Hertz will make it once the c-ap is gone and new leaders come in. But most if us do not want to go through it all again.
Yes call Angela tried that, guess what she didn’t answer??
Shocked she’s buying more Cupcakes so she can distribute them with your termination papers..
JOKE
let‘s recap. fired lots of people, check. shouted „transformation is over“ yet 9b$ revenue left no reserves to cover 6 bad weeks, check. consider myself god‘s gift to humanity, check.
call me stupid, but what’s the big fuss about giving myself full pay again?
Ironically, the opposite has happened - they just voted themselves back to full pay.
Nice.
https://www.google.co.uk/amp/s/www.marketwatch.com/amp/story/guid/7DE76378-8F02-11EA-AD06-F36B40BB8290
"Don’t get upset that you didn’t make the cut, we will come out stronger and better than ever!"
Did Kathy write this?
At the call center , we had many people who had worked anywhere from 20- 40 years there. We were the ones that got yelled at when there was no car , or the counter forgot to end a contract on a car that had been in the parking lot for a week. We were declared non essential even though many times we were the only ones you could call because we were 24/7.
I exposed some of Strip Club parties, the working while drinking, blown up expense reports to double the price hotels and last minute expensive airfare, box seats at sporting events, and on and on, but wait for it! was let go after 10 for not being a team player. RIP Hertz, you deserve it.
Call Angela Brav - she gave everyone her personal phone number at the last town hall. I hope you can get her to give you a straight answer to your question, but prepare to be disappointed.
I am temporarily laid off from Dublin location.
I am here to ask if there are any chances that I can get my job back? I really want Hertz to survive
You should work for Avis Budget. Same incompetence and good ole boys network. They just haven’t had as bad of leadership but really close.
Regionals and senior leaders are each equally incompetent and city managers are just as bad.
Used to be a great company as well but now it’s led by the worst I’ve seen in 20 years. Makes me want to leave but not sure where
We would not want to “make the cut” of being incompetent, unqualified a– kissers. Oh yes, “you will survive and be stronger than ever” mo–n you just need to round up your tard team of Gm s and Zvp s to be your new and only customers in addition to them being dipshits. I understand you are worried and you should be how are you going to make it in a real organization that has competent managers?
You are not. So please relish in your last days there before you try to make it selling defective mattresses and fail.
Oh and best of luck you don’t catch the virus while you march in along aside your fellow “make the cut” dummies. Us “didn’t make the cutters” are just fine get paid well while relaxing at home laughing at what is happening to you.
The company is a fraud!
Even without the pandemic they were on the path to bankruptcy. Worked in the Central Division for over 8 years and can't even begin to describe the terrible RVP, ZVP, GM, and HR leadership the last couple of years in addition to the Senior Leaders in Estero. Managers and hourly staff were leaving as fast as they signed on because they couldn't stomach the nepotism, fraud, dishonesty, and corrupt leadership at all levels. So many stolen cars covered up, inappropriate expenses at locations, alcohol infused meetings and parties at leaders personal homes. The Senior Leadership down to the AP GM's and HR BPs should be ashamed of themselves for destroying the company the last couple of years.
The desire to drive the numbers without a solid plan has led to fruad at all levels. Executive leadership incentives tied around key metrics such as JD Powers award led to immenese pressure down the chain. Evenutally local management has so much pressure to perform well on the scorecards which was a total scam they overlook fraud as it drives their numbers. Sales fraud NPS fraud all blatant so lower mamagement does not have to be on a conferance call to explain their failures. Everyone up the chain knew the results were fake. But it made the numbers look good. Now this house of cards is falling down. Kathy came in guns blazing after Frissorra. Bad mouthing him and his team and how unethical they were. She even sued him and his team to get back their bonuses. Now with her team in hand she has built on the fraud she came to fix. Her days are numbered abd yes I hope Hertz makes it out and survives this.
‘Didn’t make the cut’
Hilarious.
I think you’re clearly a bit of a cut, and sadly Hertz is full of people like you.
A lot of you must have been laid off based upon your nasty responses. This is not the first time in history a business has filed for bankruptcy, we will survive. Don’t get upset that you didn’t make the cut, we will come out stronger and better than ever!
Morally Bankrupt
+
Ethically Bankrupt
+
Functionally Bankrupt
+
Technologically Bankrupt
=
Financially Bankrupt
This has been coming for years, and how shameful that the latest group of Hertz leaders, who were given a perfect opportunity to come clean and fix the problems, ended up being the biggest bunch of LIARS, CROOKS AND MANIPULATORS by far (remember how they identified lack of investment in technology, vehicles, GSD, RSD etc etc).
SHAME ON YOU HERTZ ‘LEADERSHIP’ TEAM.
SHAME ON YOU.