Is there going to be any reorg or Avis Budget layoffs? Any chatter, news or rumors?
3 replies (most recent on top)
Wash, rinse and repeat...The story of Avis budget group every 4 or 5 years. I feel sorry for some of friends there.
Yes lots of them especially in Europe.
Look at the news from Italy, 16.5% of workforce impacted, same in Germany and France.
When the CEO gets paid over $10 million a year and owns over $20million in shares what do you expect. As usual they take from Front line impacting customer experience and morale
There will be layoffs. Q3 results were way off expectations. Instead of cutting bloated salary from higher ups they will cut hourly. Same stuff different year